Aditya Birla Group’s de-merged entity, Aditya Birla Fashion and Retail Limited (ABFRL), reported a revenue of ₹7,355 crore ($882 million) for fiscal year 2025 (FY25), marking a 14% year-over-year (YoY) increase. The company’s EBITDA reached ₹854 crore, reflecting a 64% YoY growth. However, the profit after tax (PAT) for FY25 was negative at ₹161 crore ($18.89 million) due to investments in new ventures and increased interest expenses.
In the fourth quarter (Q4) of FY25, ABFRL experienced a 9% YoY revenue growth, achieving ₹1,719 crore, while EBITDA skyrocketed by 202% to ₹295 crore, resulting in a margin of 17.2%.
The quarter’s growth was fueled by strong performances across various segments. The ethnic business saw a 19% YoY increase, while designer-led brands surged by 46% YoY, with EBITDA margins exceeding 20%. TMRW’s portfolio also grew by 27% in Q4, ending the quarter with 16 stores, bolstered by product innovations and new category launches.
Pantaloons reported a quarterly revenue of ₹885 crore, benefiting from a 470 basis point (bps) increase in EBITDA margin to 15.1% in Q4, attributed to reduced markdowns and effective cost management.
The men’s premium ethnic wear brand Tasva saw over 50% growth and achieved a 12% like-to-like (LTL) growth in Q4. Meanwhile, TCNS underwent a strategic revamp, leading to a 4% LTL growth for FY25, as stated by Aditya Birla Group in a press release.
Luxury retail operations, including the multi-brand format ‘The Collective’ and other mono brands, reported an 11% YoY revenue increase in Q4 and expanded their network to 41 stores.
Following a successful fundraising round in Q4, ABFRL finished the year with gross cash of ₹2,350 crore and aims to triple its scale and double profitability over the next five years.
Additionally, Aditya Birla Lifestyle Brands Limited (ABLBL) recorded full-year revenue of ₹7,619 crore (~$913 million) in FY25, with EBITDA of ₹1,269 crore, reflecting a 7% YoY increase.
For Q4 FY25, ABLBL’s revenue reached ₹1,878 crore, a 3% YoY rise, with EBITDA increasing by 18% to ₹330 crore and PAT rising to ₹137 crore.
Lifestyle brands contributed ₹1,639 crore in revenue for Q4, achieving an EBITDA margin of 20% and a retail LTL growth of 9%. ABLBL’s innerwear business expanded significantly, ending the year with a presence in over 36,500 trade outlets.
Other sectors within ABLBL also experienced a 3% growth in Q4, contributing positively to EBITDA.
With a network of over 3,200 stores and ongoing strategic investments, ABLBL aims to double its scale and enhance profitability within the next five years. The company is on track to achieve a debt-free status within 2–3 years, with a listing anticipated by the end of June 2025, as noted in the release.
