Department Stores company Aditya Birla Fashion Retail announced Q4FY23 &FY23; results: Company accelerates its growth momentum and continues to make significant progress viz a viz its long-term plan 26% YoY growth with revenue at Rs 2,880 crore for the quarter In FY23, revenue reaches Rs 12,418 crore for FY23, growing 53% YoY and 41% over pre-COVID Consolidated EBITDA for Q4FY23 stood at Rs 232 crore and the company achieved its yearly EBITDA of 1,617 crore Business growth continued to be led by aggressive offline expansion. The branded business network added 104 stores on a net basis in Q4FY23 where TASVA added 19 new stores to the network and Pantaloons added net 25 stores to its network this quarter. Company further strengthens its Digital and Omnichannel play E-com sales in Q4FY23 grew 77% YoY driven by effective B2B partnerships and brand.com Apart from integrating the acquired brands, TMRW continues to engage in business model advancements and drive value creation for these brands Company recently announced its largest strategic acquisition in line with its strategy to build a comprehensive ethnic wear portfolio Closed the quarter with net debt of Rs 1,422 crore primarily on account of continued investments in new growth ventures Result PDF