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Aditya Birla Fashion targets break-even for most brands
Financial Express Kochi
|August 19, 2025
TMRW & ETHNICS TO FUEL 11-12% CAGR OUTLOOK
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ADITYA BIRLA FASHION and Retail (ABFRL) reported a better-than-expected operational performance in 1QFY26, with revenue up 9% y-o-y (driven by Ethnics and TMRW) and EBITDA rising 25% y-o-y (about 22% beat).
The improvement was supported by a sharp 16-24pp margin expansion in Ethnics and Luxury Retail.
The company's digital-first brand house, TMRW, has raised about ₹440 crore from ServiceNow Ventures for an about 11% stake, valuing the business at about ₹4,000 crore.
The capital will be deployed to accelerate growth through increased brand investments and offline expansion for key brands.
Esta historia es de la edición August 19, 2025 de Financial Express Kochi.
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