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.
The consensus recommendation as of 16 Feb, 2024, was to Hold.
Aditya Birla Fashion & Retail Financials
| 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% |
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First Published:
16 Feb 2024, 03:05 AM IST
Business NewsCompaniesCompany ResultsAditya Birla Fashion & Retail Q3 FY24 results: loss at ₹77.87Cr, Revenue increased by 16.1% YoY
