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Aditya Birla Fashion and Retail reports consolidated net loss of Rs 194.54 crore in Q4FY23


Aditya Birla Fashion and Retail has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported net loss of Rs 128.10 crore for the quarter under review as compared to net profit of Rs 49.67 crore for the same quarter in the previous year. However, total income of the company increased by 21.67% at Rs 2,684.28 crore for Q4FY23 as compared to Rs 2,206.27 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net loss of Rs 194.54 crore for fourth quarter ended March 31, 2023 as compared to net profit of Rs 31.90 crore for the same quarter in the previous year. However, total income of the company increased by 26.26% at Rs 2,916.13 crore for Q4FY23 as compared to Rs 2,309.55 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported net profit at Rs 132.52 crore as compared to net loss of Rs 80.70 crore for the previous year. Total income of the company increased by 49.62% at Rs 11,847.02 crore for year under review as compared to Rs 7,918.29 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported net loss of Rs 59.47 crore as compared to net loss of Rs 118.36 crore for the previous year. However, total income of the company increased by 52.18% at Rs 12,534.36 crore for year under review as compared to Rs 8,236.77 crore for year ended March 31, 2022.



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