Aditya Birla Fashion & Retail's Quarterly Loss Widens Amidst Labour Changes

Aditya Birla Fashion and Retail Ltd reported a consolidated net loss of Rs 137.3 crore for the December quarter of FY26, primarily due to new Labour Codes. Despite revenue growth, expenses rose significantly. The company noted weaker demand and consumer footfalls, affecting overall growth in certain market segments.

Aditya Birla Fashion and Retail Ltd (ABFRL) reported a widened net loss of Rs 137.3 crore for the December quarter of fiscal year 2026, attributed mainly to the impact of new Labour Codes.

Revenue from operations increased to Rs 2,373.66 crore, but the surge in expenses to Rs 2,546.91 crore, including an exceptional outgo of Rs 28.48 crore, affected profitability.

The company indicated that softer demand and lower consumer footfalls tempered growth, especially in the masstige and value segments, despite the healthy performance of new business ventures.

(With inputs from agencies.)