ABFRL Q2 net profit jumps five-fold to ₹29.44 crore; revenue 50% higher at ₹3,074.61 crore
Shoes and Accessories|December - January 2023
Aditya Birla Fashion and Retail on Friday reported over five-fold jump in consolidated net profit at ₹29.44 crore in the second quarter of FY23, led by robust festive sales and consistent performance from e-commerce channels.
ABFRL Q2 net profit jumps five-fold to ₹29.44 crore; revenue 50% higher at ₹3,074.61 crore

The company had posted a net profit of ₹5.09 crore during the July-September quarter of the previous fiscal, Aditya Birla Fashion and Retail Ltd (ABFRL) said in a regulatory filing. Its revenue from operations went up 49.66 per cent to ₹3,074.61 crore during the quarter under review as against ₹2,054.34 crore in the corresponding period of the previous fiscal. The Aditya Birla group firm achieved its “highest quarterly revenues” in Q2 FY23, the company said in its earnings statement.

This story is from the December - January 2023 edition of Shoes and Accessories.

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