Aditya Birla Fashion and Retail Results Earnings Call for Q4FY24
Conference Call with Aditya Birla Fashion and Retail Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.29-05-2024
29-05-2024
Q4FY24 Quarterly Result Announced for Aditya Birla Fashion and Retail Ltd.
Department Stores company Aditya Birla Fashion and Retail announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Company continues to evolve in line with its stated long-term strategy 18% YoY growth with revenue at Rs 3,407 crore for the quarter in a muted market marred by prolonged sluggish consumption in the discretionary space On a full-year basis, consolidated revenue reaches Rs 13,996 crore for FY24, growing 13% YoY The established businesses continue to navigate market headwinds while maintaining a sharp focus on profitability enhancement New businesses, incubated & integrated over the past few years, continue to fuel the company's growth in line with its portfolio diversification strategy Ethnic businesses grew to 2.7 times of LY in Q4 51% YoY growth excluding TCNS Reebok revenue up 29% YoY TMRW’s portfolio grows to more than 2x of LY, both organically and inorganically Consolidated EBITDA for the quarter stood at Rs 377 crore., up 63% YoY Led by focused cost control initiatives EBITDA Margin at 11.1% vs 8% LY for Q4, 300 bps expansion Company EBITDA for FY24 stood at Rs 1,703 crore., up 5% YoY Brands rationalized distribution to improve overall health of the network Total network at 4,664 stores spanning 11.9 million sq.ft. Company recently announced de-merger of Madura business into a separately listed entity named Aditya Birla Lifestyle Brands Limited (ABLBL), with a clear strategy to enable the creation of two independent growth engines with distinct capital structures and parallel value creation opportunities and allow the participation of the right set of investors and strategic partners, aligned with the appropriate risk profiles of the two companies and their differentiated business models. Closed the quarter with net debt of Rs 2,862 crore in line with the guidance given at the start of the year The Board of Directors of the Company, at its meeting today, approved the results for the quarter ended 31 st Mar 2024. These financials are post factoring in necessary adjustments under Ind AS 116. Result PDF29-05-2024
Aditya Birla Fashion and Retail Q4 Result: Net Loss Widens At Rs 266.35 Crore
Aditya Birla Fashion and Retail reports widened net loss of Rs 266.35 crore for Q4, revenue up to Rs 3,406.65 crore.28-05-2024
Aditya Birla Fashion and Retail Ltd - 535755 - Statement Of Deviation For The Quarter Ended March 31, 2024
Statement of Deviation for the Quarter ended March 31, 202428-05-2024
Aditya Birla Fashion and Retail Ltd - 535755 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation of the Board Meeting28-05-2024
Aditya Birla Fashion and Retail Ltd - 535755 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release of the Board Meeting28-05-2024
Aditya Birla Fashion and Retail Ltd - 535755 - Board Meeting Outcome for Outcome Of Board Meeting
Outcome of Board Meeting28-05-2024
Aditya Birla Fashion and Retail Ltd - 535755 - Outcome Of Board Meeting
Outcome of Board Meeting28-05-2024
Aditya Birla Fashion and Retail Ltd - 535755 - Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Birla Group Holdings Pvt Ltd28-05-2024
Aditya Birla Fashion and Retail Ltd - 535755 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Birla Group Holdings Pvt Ltd28-05-2024