The demerged fashion businesses of Aditya Birla Group — Aditya Birla Fashion and Retail Limited (ABFRL) and Aditya Birla Lifestyle Brands Limited (ABLBL) — have announced their financial results for the quarter ended March 31, 2025, reporting profitability amid a sluggish market.
ABFRL Q4 FY25 Results:
Demerged ABFRL reported a 9% year-on-year (YoY) increase in revenue to Rs 1,719 crore in Q4 FY25. EBITDA surged 202% YoY to Rs 295 crore, with a margin expansion to 17.2%. PAT loss narrowed to Rs 161 crore compared to Rs 287 crore in the same quarter last year.
For the full year FY25, revenue stood at Rs 7,355 crore (up 14%), EBITDA at Rs 854 crore (up 64%), and PAT loss reduced to Rs 624 crore from Rs 907 crore in FY24.
Segment highlights included:
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Pantaloons revenue of Rs. 885 crore in Q4 with EBITDA margin at 15.1%, up ~470 bps YoY.
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Ethnic wear brands delivered 19% YoY growth; designer-led brands grew 46% with 20%+ margins.
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TASVA’s Q4 sales rose over 50% with LTL growth at 12%; TCNS posted 4% LTL growth in FY25.
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Luxury retail grew 11% YoY; TMRW’s digital-first brand portfolio grew 27%.
ABFRL closed the quarter with gross cash of approximately Rs 2,350 crore following a fundraise.
ABLBL Q4 FY25 Results:
ABLBL reported a 3% YoY revenue growth in Q4 FY25 to Rs 1,878 crore. EBITDA grew 18% to Rs 330 crore, with a margin of 17% (up ~200 bps YoY). PAT for the quarter rose to Rs 137 crore from Rs 21 crore in Q4 FY24.
For the full year FY25, revenue stood at Rs 7,619 crore (up 1%), EBITDA at Rs 1,269 crore (up 7%), and PAT was stable at Rs 168 crore. Net debt stood at Rs 781 crore, with plans to become debt-free in the next 2–3 years.
Business performance:
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Lifestyle brands segment posted 5% revenue growth in Q4 to Rs 1,639 crore with EBITDA margin at 20%. Retail LTL growth stood at 9%.
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Other businesses grew 3% with positive EBITDA. Innerwear distribution expanded to 36,500+ trade outlets.
Outlook and Listing
Both companies outlined plans for long-term scale-up and improved profitability. ABLBL is expected to list on stock exchanges by the end of June 2025.
As of March 31, 2025:
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ABFRL operated 1,167 stores covering 7.3 million sq. ft.
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ABLBL operated 3,253 exclusive brand outlets with 4.6 million sq. ft. retail area and presence in 38,000+ MBOs and 7,000+ shop-in-shops.
