Aditya Birla Lifestyle Brands Ltd recently reported a solid year-on-year increase in net profit, rising 15% to ₹69 crore in Q3 from ₹60 crore last year. Revenue for the quarter also saw a boost, growing by 9.6% to ₹2,343 crore.
The company’s operating performance showed a marked improvement, with EBITDA jumping 23.7% to ₹411.6 crore. This has pushed the EBITDA margin up to 17.6%, compared to 15.6% last year. The lifestyle brands segment contributed ₹2,002 crore, driven by strong multichannel sales. The emerging business segment also performed well, growing 13%, or 19% when excluding Forever 21.
In the first nine months of the fiscal year, total revenue reached ₹6,222 crore, a 6% rise from the previous period. Retail like-to-like sales increased by 6% across more than 3,000 stores, marking six consecutive quarters of growth. Notably, e-commerce and wholesale channels also showed double-digit growth.
The margins for lifestyle brands rose by around 90 basis points to 20.6%. Emerging brands saw an even larger margin expansion of 790 basis points. Over the nine-month period, overall margins grew to 16.9%.
The company is aggressively expanding its retail presence, adding over 90 new stores in the last quarter. With more than 3,315 stores now covering around 4.8 million square feet, they’re focusing on premiumization and casualwear to attract younger consumers.
Shares of Aditya Birla Lifestyle closed at ₹104.50, marking a slight uptick of 1.55%.
The retail landscape is evolving rapidly, influenced by consumer trends and preferences. More shoppers are turning to sustainable and casual options, reflecting broader shifts in lifestyle choices. According to a recent report by McKinsey, over 60% of consumers now prioritize sustainability when making purchases. This trend presents both a challenge and an opportunity for brands like Aditya Birla as they navigate the changing marketplace.
For further insights into the retail sector and consumer trends, you can read about the impact of sustainability on modern shopping habits in resources from Statista here.
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