Aditya Birla Fashion and Retail Limited — Board Meeting, 23-05-2025: Outcome of Board Meeting

Aditya Birla Fashion and Retail has announced a board meeting on the financial results for the quarter and year ended March 31, 2025. Consolidated revenue reached ₹7,354.73 Cr, with a loss of ₹455.82 Cr, mainly due to restructuring and demerger of Madura Fashion & Lifestyle (MFL). The company booked a ₹168.35 Cr profit from discontinued operations (MFL) but posted a ₹624.17 Cr loss from continuing operations. An exceptional gain of ₹161.15 Cr came from revaluing its stake in Goodview Fashion. Over ₹4,000 Cr was raised through QIP and preferential shares, boosting the balance sheet. MFL was demerged into a wholly-owned subsidiary, and acquisition of a majority stake in Goodview Fashion aims to fuel growth.