| 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 | Consolidated |
| 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 | Multi segment |
| Description of single segment | |
| 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 |
| 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 | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 2,37,366.00 | 6,18,678.00 | |
| Other income | 6,798.00 | 18,606.00 | |
| Total income | 2,44,164.00 | 6,37,284.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 26,934.00 | 62,369.00 |
| (b) | Purchases of stock-in-trade | 72,350.00 | 2,26,878.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (1,508.00) | (29,881.00) |
| (d) | Employee benefit expense | 34,174.00 | 97,534.00 |
| (e) | Finance costs | 13,246.00 | 37,003.00 |
| (f) | Depreciation, depletion and amortisation expense | 34,951.00 | 99,028.00 |
| (f) | Other Expenses | ||
| 1 | Rent expense | 6,917.00 | 18,694.00 |
| 2 | Other expenses | 67,627.00 | 1,94,164.00 |
| Total other expenses | 74,544.00 | 2,12,858.00 | |
| Total expenses | 2,54,691.00 | 7,05,789.00 | |
| 3 | Total profit before exceptional items and tax | (10,527.00) | (68,505.00) |
| 4 | Exceptional items | (2,848.00) | (2,848.00) |
| 5 | Total profit before tax | (13,375.00) | (71,353.00) |
| 6 | Tax expense | ||
| 7 | Current tax | 2,798.00 | 2,808.00 |
| 8 | Deferred tax | (3,153.00) | (9,537.00) |
| 9 | Total tax expenses | (355.00) | (6,729.00) |
| 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 | (13,020.00) | (64,624.00) |
| 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 | (710.00) | (1,988.00) |
| 16 | Total profit (loss) for period | (13,730.00) | (66,612.00) |
| 17 | Other comprehensive income net of taxes | 294.00 | 685.00 |
| 18 | Total Comprehensive Income for the period | (13,436.00) | (65,927.00) |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | (15,223.00) | (62,754.00) | |
| Total profit or loss, attributable to non-controlling interests | 1,493.00 | (3,858.00) | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | (14,943.00) | (62,135.00) | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 1,507.00 | (3,792.00) | |
| 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 | -1.25 | -5.16 | |
| Diluted earnings (loss) per share from continuing operations | -1.25 | -5.16 | |
| 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 | -1.25 | -5.16 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -1.25 | -5.16 | |
| 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 consolidated 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) Rule, 2015, as amended. 2.The above consolidated financial results, as reviewed and recommended by the Audit Committee, have been approved by the Board of Directors at its meeting held on February 5, 2026. 3.The limited review of the consolidated 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 (as amended) has been completed by the Auditors of the Company. 4.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 5. a) 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 28.48 crores, arising on account of revised definition of wages. The said past service cost has been presented as an ‘exceptional item’ in consolidated 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. b) Exceptional item of Rs. 161.15 Crore presented for nine months ended December 31, 2024 represents gain on account of remeasurement of 33.5% of equity interest held by the holding company in Goodview Fashion Private Limited (GFPL) upon GFPL becoming a subsidiary of the Company. 6.The holding company increased its shareholding in GFPL, a joint venture of the Group, from 33.5% to 51% with effect from July 11, 2024, and accordingly GFPL became a subsidiary of the holding company with effect from that date. 7.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. 8.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 consolidated financial results have been presented by the company as Discontinued Operations. |
|---|
| Debt equity ratio | Company has excess Liquid investment and cash over its debt |
|---|---|
| Debt service coverage ratio | As per Standalone Financial Statements |
| Interest service coverage ratio | As per Standalone Financial Statements |
| 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 | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Pantaloons | 1,27,639.00 | 3,51,223.00 | ||||
| 2 | Ethnic and Others | 1,12,036.00 | 2,74,473.00 | ||||
| 3 | Inter-segment | 0.00 | 0.00 | ||||
| 4 | Investment in Joint Venture and Associate | 0.00 | 0.00 | ||||
| 5 | Exceptional item | 0.00 | 0.00 | ||||
| Total Segment Revenue | 2,39,675.00 | 6,25,696.00 | |||||
| Less: Inter segment revenue | 2,309.00 | 7,018.00 | |||||
| Revenue from operations | 2,37,366.00 | 6,18,678.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Pantaloons | 3,626.00 | 679.00 | ||||
| 2 | Ethnic and Others | (3,629.00) | (39,071.00) | ||||
| 3 | Inter-segment | (1,458.00) | (3,925.00) | ||||
| 4 | Investment in Joint Venture and Associate | (710.00) | (1,988.00) | ||||
| 5 | Exceptional item | (2,848.00) | (2,848.00) | ||||
| Total Profit before tax | (5,019.00) | (47,153.00) | |||||
| i. Finance cost | 13,246.00 | 37,003.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | (4,180.00) | (10,815.00) | |||||
| Profit before tax | (14,085.00) | (73,341.00) | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Pantaloons | 5,68,731.00 | 5,68,731.00 | ||||
| 2 | Ethnic and Others | 10,06,511.00 | 10,06,511.00 | ||||
| 3 | Inter-segment | (9,488.00) | (9,488.00) | ||||
| 4 | Investment in Joint Venture and Associate | 11,065.00 | 11,065.00 | ||||
| 5 | Exceptional item | 0.00 | 0.00 | ||||
| Total Segment Asset | 15,76,819.00 | 15,76,819.00 | |||||
| Un-allocable Assets | 2,17,693.00 | 2,17,693.00 | |||||
| Net Segment Asset | 17,94,512.00 | 17,94,512.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Pantaloons | 4,38,211.00 | 4,38,211.00 | ||||
| 2 | Ethnic and Others | 6,84,148.00 | 6,84,148.00 | ||||
| 3 | Inter-segment | (50,543.00) | (50,543.00) | ||||
| 4 | Investment in Joint Venture and Associate | 0.00 | 0.00 | ||||
| 5 | Exceptional item | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 10,71,816.00 | 10,71,816.00 | |||||
| Un-allocable Liabilities | 69,927.00 | 69,927.00 | |||||
| Net Segment Liabilities | 11,41,743.00 | 11,41,743.00 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | As per attachment |
|---|
| 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 | Consolidated | Consolidated |
| 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 | 14.00 | (69.00) |
| 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 | 355.00 | 675.00 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 84.00 | 172.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Exchange differences on translation of foreign operations | 27.00 | 199.00 |
| 2 | Effective Portion of Cashflow Hedge | (4.00) | (17.00) |
| Total Amount of items that will be reclassified to profit and loss | 23.00 | 182.00 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 294.00 | 685.00 |