Aditya Birla Fashion and Retail Ltd. (ABFRL) was formed in 2015 by consolidating the apparel businesses of the Aditya Birla Group. It is part of the larger Aditya Birla Group conglomerate and operates brands like Pantaloons, India's most preferred fast fashion retailer. While ABFRL's revenue declined in 2021, it has generally seen an exponential increase in revenue since its formation, notably in 2016 when it consolidated more companies under its structure. In the most recent quarter, it reported its highest ever quarterly profit.
Aditya Birla Fashion and Retail Ltd. (ABFRL) was formed in 2015 by consolidating the apparel businesses of the Aditya Birla Group. It is part of the larger Aditya Birla Group conglomerate and operates brands like Pantaloons, India's most preferred fast fashion retailer. While ABFRL's revenue declined in 2021, it has generally seen an exponential increase in revenue since its formation, notably in 2016 when it consolidated more companies under its structure. In the most recent quarter, it reported its highest ever quarterly profit.
Aditya Birla Fashion and Retail Ltd. (ABFRL) was formed in 2015 by consolidating the apparel businesses of the Aditya Birla Group. It is part of the larger Aditya Birla Group conglomerate and operates brands like Pantaloons, India's most preferred fast fashion retailer. While ABFRL's revenue declined in 2021, it has generally seen an exponential increase in revenue since its formation, notably in 2016 when it consolidated more companies under its structure. In the most recent quarter, it reported its highest ever quarterly profit.
(ABFRL) emerged after the consolidation of the branded apparel businesses of Aditya Birla Group.
Comprising ABNL's Madura Fashion division and ABNL's
subsidiaries Pantaloons Fashion and Retail (PFRL) and Madura Fashion & Lifestyle (MFL) in May 2015.
PFRL was renamed Aditya Birla Fashion and Retail Ltd.
ABFRL is a part of the Aditya Birla Group, a global
conglomerate, in the league of Fortune 500. Anchored by an extraordinary force of over 140,000 employees, belonging to 100 nationalities, the Group is built on a strong foundation of stakeholder value creation.
Today, over 50% of Group revenues flow from overseas
operations that span 36 countries in North and South America, Africa and Asia. LIFESTYLE BRANDS
PANTALOONS
YOUTH FASHION
OTHERS BUSINESS LIFESTYLE BRANDS PANTALOONS
• Pantaloons, a division of ABFRL, is one of India’s most
preferred fast fashion destinations among large retail format stores.
• Pantaloons has evolved into a progressive style partner for
the fashion seeking shopper by positioning itself as a spontaneous, playful, vibrant brand which is at the forefront of all fashion trends across all categories viz.
• Pantaloons has pioneered Fashion Retail in India and has
emerged as one of the strongest players in the Market. YOUTH FASHION OTHERS BUSINESS Aditya Birla Fashion and Retail Limited's revenue during financial year 2021 across India reached over 51 billion Indian rupees, indicating a steep decrease from the previous year.
An overall exponential increase in the revenue of
the company was noted over the years from 2014.
Notably, a rapid increase in the revenue was noted
in financial year 2016 when Aditya Birla Nuvo Limited and Madura Garments Lifestyle Retail Company Limited were consolidated under ABFRL.
Net profit at Rs 197 crore for the quarter ending 31
December, 2021, its highest-ever quarterly profit after surging 237 per cent year-on-year.