Aditya Birla Fashion and Retail Limited — Board Meeting, 24-05-2025: Outcome of Board Meeting
24-05-2025 | 11:44 am
24-05-2025 | 11:44 am
Aditya Birla Fashion and Retail has announced a board meeting approving the consolidated financial results for the quarter and year ended March 31, 2025. Consolidated revenue grew to ₹7,355 Cr from ₹6,441 Cr, but continuing operations posted a loss before tax of ₹718 Cr. Discontinued operations (Madura Fashion & Lifestyle) delivered a ₹231 Cr profit, narrowing the net loss to ₹456 Cr from ₹736 Cr last year. The company raised ₹3,999 Cr via QIP and preferential issues, completed the merger of TCNS Clothing, and increased its stake in Goodview Fashion to 51%. Operational improvements are visible, but losses persist in core segments as restructuring continues.
No comments yet. Be the first to comment!
All announcements from Aditya Birla Fashion and Retail Limited
