Aditya Birla Fashion & Retail: September ’22 Results Update
Moneylife Digital Team 14 November 2022
Aditya Birla Fashion & Retail (ABFRL) reported sales growth q-o-q (quarter-on-quarter) as well as y-o-y (year-on-year) on the back of store expansion, recovery in demand, high footfalls, operating leverage benefits and growth in all business units. Sales grew 54% y-o-y and almost 7% q-o-q. Operating profit margin and net profit margin were lower than expected due to higher employee costs,...
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