Strong sales in the March quarter (Q4FY22) helped apparel retailer Aditya Birla Fashion and Retail (ABFRL) post a better-than-expected performance. The company, which had robust demand for weddings, office and casual wear, posted its highest ever revenues at Rs 2,283 crore for the March quarter.
March saw a 50 per cent y-o-y jump in sales, helping the company end the quarter with a growth of 25 per cent. Growth was led by the company’s lifestyle segment Madura, which accounted for 58 per cent of its consolidated revenues in the quarter. Its lifestyle brands comprising Louis …
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First Published: Thu, May 26 2022. 01:00 IST
