Aditya Birla Fashion and Retail has reported results for first quarter ended June 30, 2019.
The company has reported around 4-fold jump in its net profit at Rs 21.56 crore for the quarter under review as compared to Rs 5.60 crore for the same quarter in the previous year. Total income of the company increased by 8.38% at Rs 2,082.97 crore for Q1FY20 as compared Rs 1,921.99 crore for the corresponding quarter previous year.
Aditya Birla Fashion and Retail is engaged in providing branded fashion apparels and accessories, and the retail sale of clothing, footwear and leather articles in stores. It operates through two segments: Madura Fashion & Lifestyle, and Pantaloons. The company's brands include Louis Philippe, Van Heusen, Allen Solly and Peter England.
