ABFRL Q1 RESULTS
While the bottom-line figure saw losses, the revenue figures saw a rise. The revenue for Q1FY27 grew 10.6% year-on-year to ₹2,025.6 crore, jumping from ₹1,831.5 crore in Q1 of the previous fiscal cycle.
The EBITDA increased 5% year-on-year to ₹117.1 crore, compared with ₹111.7 crore a year earlier. However, EBITDA margin contracted to 5.78%, falling from the previous year’s 6.10%.
Overall, the company saw healthy revenue growth during the quarter, while profitability remained under pressure, with the net loss widening slightly and EBITDA margins declining year-on-year.
A LOOK AT THE PREVIOUS QUARTER
In the previous quarter, the company reported a consolidated net loss of ₹148.4 crore. The revenue figure in Q4 grew 15.7% year-on-year to ₹1,990.1 crore. EBITDA declined 3.6% to ₹197.4 crore from ₹204.9 crore in the year-ago quarter. The EBITDA margin narrowed to 9.9% compared with 11.9% last year.
SEGMENTS AND BRANDS
When we look at segmental growth, the Pantaloons segment grew 10% YoY. The online digital-first brand’s revenue rose 11% YoY, but it remained loss-making. However, EBITDA loss narrowed from ₹63 crore to ₹42 crore, meaning the EBITDA margin improved from -31.8% to -19.2%
The company OWND, targeting younger Gen Z and Gen Alpha generations, grew 55% and is now present in 88 stores. Ten new stores were added across Pantaloons and OWND during the quarter.
Furthermore, the company’s Ethnic wear segment saw growth of 4% compared to last year. Furthermore, the luxury segment saw a 30% growth YoY. In this segment, the Collective and Mono brands delivered double-digit growth, while their combined network reached 51 stores.
Furthermore, the company also said that it has added 45+ stores across brands, which entails a 70,000 net area addition. In addition to that, the retail footprint now rose to7.9 million sq. ft, up from June’s 7.4 million sq.ft.
COMPANY SHARE PRICE
When we look at the company stock’s performance, the share closed flat with a green uptick, rising 0.24% on Friday. The company shares have seen a rise of 8.75% in the past month. The company’s current stock price stands at ₹63.41 per piece.
Also Read: Aditya Birla Fashion Q4 sees sharp rise in net loss at ₹148 crore; revenue up 16%
