Aditya Birla Fashion and Retail (ABFRL) has announced its Unaudited Standalone & Consolidated Financial Results for the quarter and half-year ended September 30, 2026. The company reported a 2% YoY growth in revenue for Q2 FY27, reaching ₹2030 crore. The investor presentation highlights performance across various portfolios, market updates, and a detailed segmental analysis of revenues and EBITDA.
ABFRL Announces Q2 FY27 Financial Results
Aditya Birla Fashion and Retail Limited (ABFRL) has released its Unaudited Standalone & Consolidated Financial Results for the quarter and half-year ended September 30, 2026. The Board of Directors considered and approved these results during a meeting held on November 5, 2026. An investor presentation detailing the company’s performance has been enclosed and is also available on the company website, www.abfrl.com.
Key Financial Highlights (Q2 FY27 Consolidated)
The consolidated revenue for Q2 FY27 stood at ₹2030 crore, marking a 2% increase compared to the same period in the previous year (Q2 FY26 revenue was ₹1982 crore). However, EBITDA saw a decline of -43%, falling to ₹67 crore from ₹116 crore in Q2 FY26, resulting in an EBITDA margin of 3.3% compared to 5.9% in the prior year. Profit before Tax (PBT) was ₹-454 crore, and Net Profit after Tax (PAT) was ₹-376 crore.
Segmental Performance Insights
The Pantaloons Segment reported revenue of ₹1140 crore, showing a 0% growth year-on-year, though adjusted for festive impact and store closures, growth would have been approximately ~6% YoY. Ethnic Businesses revenue grew by 2% to ₹517 crore, while EBITDA moderated due to festive shifts and brand investments. TMRW showed a 10% YoY growth in revenue, reaching ₹244 crore, with a reduction in losses. The Others segment saw an 11% revenue increase to ₹158 crore, reflecting profitability from the scale-up of Galeries Lafayette and lower treasury income.
Half-Yearly (H1 FY27) Performance
For the first half of FY27 (H1 FY27), ABFRL’s consolidated revenue grew by 6% YoY to ₹4056 crore. EBITDA decreased by -18% to ₹233 crore, with an EBITDA margin of 5.7%. PBT stood at ₹-775 crore, and PAT was ₹-625 crore.
Network Expansion
As of September 2026, ABFRL’s network comprised 1268 stores spread across 7.8 million sq. ft. This includes 477 Masstige & Value Retail Stores, 657 Ethnic Brand Stores, 84 TMRW Brand Stores, and 50 Luxury Retail Stores. This indicates a strategic focus on expanding its retail footprint across various formats.
Market Update and Strategic Priorities
The market update highlights steady consumer demand, particularly in lower-tier and rural markets, alongside retail expansion by value formats. The company is navigating an evolving cost landscape with rising input and logistics costs. Festive sales showed strong initial signs. ABFRL’s strategic priorities include expanding its network, with over 80 new stores added in H1, driven by brands like TMRW and TCNS, and focusing on the masstige and value segments.
Source: BSE
