Nov 6
Earnings call
Festive shift weighs on Q2 as emerging brands surge
Aditya Birla Fashion and Retail Limited reported Q2 revenue of INR2,030 crores, up 2% Y-o-Y, and EBITDA of INR67 crores. Festive-calendar shifts and a subdued wedding season weighed on results, while OWND grew 58% and the ethnic portfolio excluding TCNS grew 12%.