Aditya Birla Lifestyle Brands (ABLBL) reported a resilient Q1 FY26, with revenue growing 6% and strong 15% retail like-to-like growth. PAT rose 5% to INR 24 Cr, and EBITDA margin stood at 15.5%. Lifestyle Brands' revenue was INR 1,570 Cr (17.9% EBITDA margin). Youth brands and Innerwear saw 10% LTL growth with improved profitability. Management expects profitability to enhance in the second half. The company plans to accelerate store additions, aiming for 250 new stores annually, and strengthen distribution. While debt increased this quarter for festive inventory, ABLBL targets INR 200-300 Cr debt reduction yearly. E-commerce adjustments are largely complete, anticipating positive trends. The focus remains on strategic growth, brand equity, and innovation.
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