Aditya Birla Fashion and Retail Limited — Important, 07-11-2024: Financial Result Updates

Aditya Birla Fashion and Retail Limited reported its unaudited financial results, revealing a net loss of ₹195.13 crores for Q2 FY2024. Revenue increased to ₹3,269.83 crores, while total expenses reached ₹3,468.10 crores, leading to a loss before tax of ₹249.10 crores. The company also disclosed the successful amalgamation of TCNS Clothing Co. Ltd. and the acquisition of a controlling stake in Goodview Fashion Private Limited. The trading window for securities will be closed for 48 hours following this announcement.