Aditya Birla Fashion & Retail Q3 Result 2024: Date and Time, Share Price and Target

News: Aditya Birla Fashion and Retail Limited (ABFRL), a prominent retail arm of the Aditya Birla Group, is all set to unveil its Q3 financial results on February 14, 2024. Let’s dive into the key details:

1. Date and Time:

• The eagerly awaited Q3 results will be released on February 14, 2024.

2. Expected Performance:

• Consolidated Loss: Analysts predict that ABFRL might report a consolidated loss of Rs 20 crore for this quarter. In comparison, during the same period last year, the company had posted a profit of Rs 11 crore.
• Revenue Growth: Despite challenges, the company’s top line is anticipated to grow by 7% year-on-year, reaching Rs 3,858 crore (compared to Rs 3,589 crore in the previous year).
• EBITDA: The measure of profitability, EBITDA, is expected to increase by 11% YoY.
• Profit Margin: The profit margin is projected to be 12.6%, slightly higher than the previous year’s 12.2%. However, expenses related to employees and other factors may impact this margin.

3. Key Factors to Watch:

• Demand Growth: Keep an eye on demand trends.
• Store Additions: Expansion of stores can drive growth.
• Same-Store Sales Growth (SSSG): Monitor how existing stores perform.

1. Overview:

• Aditya Birla Fashion & Retail Limited (ABFRL) is part of the Aditya Birla Group, a conglomerate with diverse interests.
• ABFRL operates a wide range of fashion and lifestyle brands, catering to various segments of consumers.

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2. Popular Brands:

• Pantaloons: A well-known fashion retail chain offering trendy clothing, accessories, and more.
• Van Heusen: Known for its formal wear and stylish apparel.
• Allen Solly: Casual wear brand with a youthful vibe.
• Louis Philippe: A premium men’s clothing brand.
• Forever 21: A global fast-fashion brand.

3. Retail Presence:

• ABFRL has an extensive network of stores across India, making its brands accessible to millions of customers.
• From standalone outlets to large-format stores, ABFRL caters to diverse consumer preferences.

4. Sustainability Initiatives:

• ABFRL is committed to sustainability and ethical practices.
• The company focuses on responsible sourcing, waste reduction, and community welfare.

5. Future Prospects:

• With a strong brand portfolio and customer base, ABFRL continues to evolve in the dynamic retail landscape.
• Keep an eye on their financial performance and strategic moves.

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