Conference Call with Aditya Birla Fashion and Retail Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript.
Department Stores company Aditya Birla Fashion and Retail announced Q2FY24 & H1FY24 results: Q2FY24: Consolidated: Revenue: Rs 3,226 crore, with a 5% growth. EBITDA: Rs 369 crore, a decrease of 12%. EBITDA margin was 11.4% PAT: Rs (200) crore. Standalone: Revenue: Rs 2,995 crore, showing a 1% growth. EBITDA: Rs 426 crore, down by 8%. EBITDA margin was 14.2% PAT: Rs (75) crore. H1FY24: Consolidated: Revenue: Rs 6,423 crore, an 8% growth. EBITDA: Rs 722 crore, showing a decrease of 21%. PAT: Rs (362) crore. Standalone: Revenue: Rs 5,982 crore, a 4% growth. EBITDA: Rs 849 crore, down by 12%. PAT: Rs (124) crore. ABFRL’s store network has now grown to 4,050+, adding net 48 stores in this quarter Lifestyle Brands added net 17 stores Net addition of 5 stores for Pantaloons Brands continued to actively expand while also focusing on improving the network health Result PDF