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Aditya Birla Fashion’s consolidated net loss widens to Rs 186 crore in Q2

09 Nov 2020 Evaluate

Aditya Birla Fashion and Retail (ABFRL) has reported results for the second quarter ended September 30, 2020.

The company has reported net loss at Rs 181.28 crore for the quarter under review as compared to net profit at Rs 6.90 crore for the same quarter in the previous year. Total income of the company decreased by 49.88% at Rs 1159.43 crore for Q2FY21 as compared Rs 2313.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to shareholders at Rs 186.32 crore for the quarter under review as compared to net loss at Rs 0.84 crore for the same quarter in the previous year. Total income of the company decreased by 49.61% at Rs 1171.32 crore for Q2FY21 as compared Rs 2324.35 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Avenue Supermarts 3835.00
Trent 2780.40
Vishal Mega Mart 106.40
PN Gadgil Jewellers 604.75
Aditya Birla Life 79.93
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