Aditya Birla Fashion & Retail Q3 FY24 results: loss at ₹77.87Cr, Revenue increased by 16.1% YoY | Mint (2024)

Aditya Birla Fashion & Retail declared their Q3 FY24 results on 14 Feb, 2024. The topline increased by 16.1% & the loss came at ₹77.87cr.

It is noteworthy that Aditya Birla Fashion & Retail had declared a profit of ₹15.79cr in the previous fiscal year same period.

As compared to the previous quarter, the revenue grew by 29.14%.

The Selling, general & administrative expenses rose by 22.48% q-o-q & increased by 11.61% Y-o-Y.

The operating income was up by 266.81% q-o-q & decreased by 7.52% Y-o-Y.

The EPS is ₹-0.81 for Q3 FY24, which decreased by 606.25% Y-o-Y.

Aditya Birla Fashion & Retail has delivered -7.38% return in the last 1 week, 15% return in the last 6 months, and 8.81% YTD return.

Currently, Aditya Birla Fashion & Retail has a market cap of ₹22987.38 Cr and 52wk high/low of ₹266 & ₹184.4 respectively.

As of 16 Feb, 2024, out of 20 analysts covering the company, 3 analysts have given a Strong Sell rating, 6 analysts have given a Sell rating, 5 analysts have given a Hold rating, 4 analysts have given a Buy rating, and 2 analysts have given a Strong Buy rating.

Period	Q3 FY24	Q2 FY24	Q-o-Q Growth	Q3 FY23	Y-o-Y Growth
Total Revenue	4166.71	3226.44	+29.14%	3588.8	+16.1%
Selling/ General/ Admin Expenses Total	775.25	632.96	+22.48%	694.6	+11.61%
Depreciation/ Amortization	444.06	388.8	+14.21%	317.54	+39.84%
Total Operating Expense	4057.5	3291.91	+23.26%	3470.71	+16.91%
Operating Income	109.21	-65.47	+266.81%	118.09	-7.52%
Net Income Before Taxes	-84.91	-228.55	+62.85%	17.43	-587.15%
Net Income	-77.87	-179.15	+56.53%	15.79	-593.16%
Diluted Normalized EPS	-0.81	-1.86	+56.45%	0.16	-606.25%