| Scrip Code | 535755 |
|---|---|
| NSE Symbol | ABFRL |
| MSEI Symbol | NA |
| ISIN | INE647O01011 |
| Name of company | Aditya Birla Fashion and Retail Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 05-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 28-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Single segment |
| Description of single segment | NA |
| Start date and time of board meeting | 05-02-2026 15:30:00 |
| End date and time of board meeting | 05-02-2026 17:32:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes |
| No. of times funds raised during the quarter | 1 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| NA | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 1,64,169.00 | 4,52,637.00 | |
| Other income | 5,705.00 | 17,167.00 | |
| Total income | 1,69,874.00 | 4,69,804.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 4,838.00 | 16,532.00 |
| (b) | Purchases of stock-in-trade | 60,226.00 | 1,93,682.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 12,054.00 | 1,176.00 |
| (d) | Employee benefit expense | 20,909.00 | 60,094.00 |
| (e) | Finance costs | 8,619.00 | 24,485.00 |
| (f) | Depreciation, depletion and amortisation expense | 27,243.00 | 77,266.00 |
| (f) | Other Expenses | ||
| 1 | Rent Expenses | 4,929.00 | 13,684.00 |
| 2 | Other Expenses | 36,976.00 | 1,08,775.00 |
| Total other expenses | 41,905.00 | 1,22,459.00 | |
| Total expenses | 1,75,794.00 | 4,95,694.00 | |
| 3 | Total profit before exceptional items and tax | (5,920.00) | (25,890.00) |
| 4 | Exceptional items | (2,269.00) | (2,269.00) |
| 5 | Total profit before tax | (8,189.00) | (28,159.00) |
| 6 | Tax expense | ||
| 7 | Current tax | 0.00 | 0.00 |
| 8 | Deferred tax | (2,032.00) | (6,918.00) |
| 9 | Total tax expenses | (2,032.00) | (6,918.00) |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | (6,157.00) | (21,241.00) |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | (6,157.00) | (21,241.00) |
| 17 | Other comprehensive income net of taxes | 250.00 | 583.00 |
| 18 | Total Comprehensive Income for the period | (5,907.00) | (20,658.00) |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 1,22,052.00 | 1,22,052.00 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | -0.51 | -1.75 | |
| Diluted earnings (loss) per share from continuing operations | -0.51 | -1.75 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | -0.51 | -1.75 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -0.51 | -1.75 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | -3.5300 | -4.2400 |
| 26 | Interest service coverage ratio | -3.5500 | -4.2600 |
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1.The above standalone financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) - 34 Interim Financial Reporting as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015, as amended. 2.The above standalone financial results, as reviewed and recommended by the Audit Committee, has been approved by the Board of Directors at its meeting held on February 5, 2026. 3.The limited review of the standalone financial results as required under Regulations 33 and 52 (read with Regulations 63) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 has been completed by the Auditors of the Company. 4.The segment information as per Ind AS 108 “Operating Segments” is provided on the basis of consolidated financial results, hence the same is not provided separately in the standalone financial results. 5.ESOP Share Allotment: Pursuant to various Employees Stock Option Schemes, following Equity Shares of Rs. 10/- each were allotted /transferred to the option grantees : Particulars Quarter ended December 31, 2025 Nine months ended December 31, 2025 Allotment [Non-Trust Route] 2,25,779 2,59,606 Allotment [by way of transfer from ESOP Trust] 1,60,443 2,45,316 6.Demerger of Madura Fashion & Lifestyle Business (MFL Business) The Board of Directors at its meeting held on April 19, 2024, subject to the necessary approvals, had considered and approved demerger of Madura Lifestyle Fashion Business (“MFL Business”) under a Scheme of Arrangement amongst the Company and Aditya Birla Lifestyle Brands Limited (“Resulting Company”), wholly owned subsidiary of the Company and their respective shareholders and creditors (“Demerger Scheme”). The Demerger Scheme was sanctioned by the Hon’ble National Company Law Tribunal, Mumbai Bench (Hon’ble NCLT) on March 27, 2025. The Company received the certified true copy of the order on April 22, 2025. Consequent upon filling of the certified copies of Hon’ble NCLT orders by the Company and the Resulting company with the respective jurisdictional Registrar of Companies on April 23, 2025, the Scheme has become effective from May 1, 2025. Upon the Scheme becoming effective, the MFL Business of the Company, have been transferred to the Resulting Company on a going concern basis. On May 26, 2025, the Resulting Company has allotted 1,22,02,94,773 fully paid-up equity shares of face value Rs 10/- each, to the shareholders of the Demerged Company as on the record date i.e. May 22, 2025, in the share exchange ratio 1:1 i.e. 1 (one) fully paid-up equity share of the Resulting Company having face value of Rs 10/- each for every 1 (one) fully paid-up equity share of Rs 10/- each of the Company. The Equity Shares of the Resulting Company listed on BSE Limited and the National Stock Exchange of India Limited on June 23, 2025. Management has accounted for the demerger in accordance with the accounting treatment specified in the sanctioned Scheme as a common control transaction wherein assets and liabilities have been transferred to Resulting Company at their respective book values. In accordance with requirement of Ind AS 105, Non-current Assets Held for Sale and Discontinued Operations, the balances relating to the quarter and nine months ended December 31, 2024 & year ended March 31, 2025 in the standalone financial results have been presented by the company as Discontinued Operations. 7.On November 21, 2025, the Government of India notified the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 (together referred to as the Labour Code), consolidating 29 existing labour laws. The Company has assessed impact of the Labour Code based on the available information and recognised past service cost on gratuity and compensated absences, amounting to Rs 22.69 crores, arising on account of revised definition of wages. The said past service cost has been presented as an ‘exceptional item’ in standalone financial results for the quarter and nine months ended December 31, 2025. Management continues to monitor the developments relating to the implementation of the Labour Code and will review its estimates as further clarifications are issued and the Rules are notified. 8.Amalgamation of Jaypore E-Commerce Private Limited and TG Apparel & Decor Private Limited with the Company The Board of the Company at its meeting held on February 5, 2026, has approved the amalgamation of Jaypore E-Commerce Private Limited and TG Apparel & Decor Private Limited, wholly owned subsidiaries, with the Company. The said amalgamation is subject to necessary statutory and regulatory approvals under applicable laws, including approval of the Hon’ble National Company Law Tribunal, Mumbai. |
|---|
| Debt equity ratio | Company has excess Liquid investment and cash over its debt |
|---|---|
| Debt service coverage ratio | Debt service coverage ratio = Earnings before interest* and tax / (Finance cost* + Principal repayment of borrowings ) |
| Interest service coverage ratio | Interest service coverage ratio = Earnings before interest* and tax / Finance cost* |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Re-measurement gains/ (losses) on defined benefit plans | (6.00) | 35.00 |
| 2 | Fair value gains/ (losses) on equity instruments | 341.00 | 744.00 |
| Total Amount of items that will not be reclassified to profit and loss | 335.00 | 779.00 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 85.00 | 196.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | ||
| 5 | Total Other comprehensive income | 250.00 | 583.00 |
| Mode of Fund Raising | Preferential Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 15-01-2025 |
| Amount Raised | 2,37,875.00 |
| Report filed for Quarter ended | 31-12-2025 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | ICRA Limited |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | Not Applicable |
| Comments of the Audit Committee after review | No Comments |
| Comments of the auditors, if any | No Comments |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | Prepayment or repayment, in full or part, of all or a portion of certain of the outstanding borrowings availed by Demerged ABFRL as per their repayment schedule. | - | 1,18,500.00 | 0.00 | 1,01,542.00 | 0.00 | |
| 2 | Investment towards capex and opex across high growth businesses within proposed Demerged ABFRL in business segments of Value Retail (Pantaloons & Style Up), Ethnic (designer led & premium ethnic wear brands) and luxury retail (The Collective & Galeries Lafayette) | - | 60,000.00 | 0.00 | 5,382.00 | 0.00 | |
| 3 | General corporate purposes | - | 59,375.00 | 0.00 | 58,318.00 | 0.00 |
| Name of signatory | Rajeev Agrawal |
| Designation of person | Company Secretary and Compliance Officer |
| Place | Mumbai |
| Date | 05-02-2026 |