Aditya Birla Lifestyle Brands Limited reported consolidated profit after tax of ₹53.05 crore for the quarter ended Sept. 30, more than twice its year-earlier result, as revenue also advanced. The board approved the unaudited results on Oct. 31.
Profit after tax was ₹23.44 crore in the same quarter a year earlier, a 126% increase. Revenue from operations reached ₹2,265.61 crore, compared with ₹2,037.90 crore, for growth of 11.2%. The board’s approval covered standalone and consolidated results for the quarter and half year.
The company reported EBITDA of ₹390 crore, up 15%, and an EBITDA margin of 17.2%, compared with 16.6% a year earlier. It said the latest results extended its run of double-digit revenue growth to four consecutive quarters.
Revenue in the Lifestyle Brands business increased 9% to ₹1,906 crore. Emerging Businesses revenue rose 27% to ₹371 crore, and its EBITDA margin expanded by 530 basis points to 6.8%.
The company added more than 100 stores on a gross basis, taking its network to 3,434 locations across about 5.1 million square feet. It reported 5.3% growth on a retail like-for-like measure.
Aditya Birla Lifestyle Brands was formed through the demerger of the Aditya Birla Group’s Madura fashion business. Its portfolio includes Louis Philippe, Van Heusen, Allen Solly, Peter England, Simon Carter, American Eagle, Reebok and Van Heusen Innerwear.
