Aditya Birla Fashion and Retail Limited (ABFRL) reported robust growth in its Q2 FY25 financial performance, with revenue rising by 13% year-over-year, reaching ₹3,644 crore. Despite a challenging consumer environment, the company maintained momentum by expanding its emerging high-growth segments, particularly in ethnic and luxury categories. This growth reflects ABFRL’s strategic focus on a diverse […]
Aditya Birla Fashion and Retail Ltd. (ABFRL), in a significant corporate restructuring move, has announced the vertical demerger of its Madura Fashion and Lifestyle business into a new entity, Aditya Birla Lifestyle Brands Ltd. (ABLBL). This decision, approved by ABFRL’s Board of Directors, aims to enhance shareholder value by establishing two distinct companies, each with […]
In a pivotal strategic decision, the Board of Directors of Aditya Birla Fashion and Retail Ltd. (ABFRL) has given its nod for the management to thoroughly evaluate the potential vertical demerger of its Madura Fashion & Lifestyle business segment. This decision, aimed at segregating the Madura division into a separate listed entity, underscores the company’s […]
Aditya Birla Fashion and Retail Limited (ABFRL) said that it will acquire a stake of 51% in the House of Masaba Lifestyle Private Limited (HMLPL) for a sum of around INR 90 crores. By acquiring the stake, the Aditya Birla Group company will enter into a partnership with Indian designer Masaba Gupta to develop a […]