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Published
Sep 6, 2022
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Aditya Birla Fashion expects revenue to cross Rs 21,000 crore by 2026

Published
Sep 6, 2022

Aditya Birla Fashion and Retail expects its revenue to nearly triple and cross its target of Rs 21,000 ($2.7 billion) by the end of financial year 2026.


Aditya Birla Fashion expects revenue to cross Rs 21,000 crore by 2026 - Tasva- Facebook


The company had reported a revenue of Rs 8,136 crore for the financial year 2022 growing 55% from Rs 5,249 crore posted during the year-ago period.

ABFRL expects to surpass its revenue target by strengthening its market position through acquisitions, partnerships, and expansion.

“We had projected a revenue of Rs 21,000 crore for the year 2026 during our annual investor day held in March 2021. I am very confident that we will be able to surpass that target and set even higher milestones for the business going forward,” Kumar Mangalam Birla, chairman of ABFRL said at the company’s annual general meeting.

“The company is also confident of fortifying its market position, leveraging technology and superior execution excellence to consistently build a strong, profitable and future-ready brand portfolio,” he added.

ABFRL runs numerous apparel brands including Pantaloons, Louis Philippe, Van Heusen, Allen Solly, and Peter England, among others. Additionally, it has also partnered with leading designers to launch brands such as Tasva which have been contributing significantly to its revenue.

ABFRL, part of the Aditya Birla has a network of 3,468 stores, 28,585 multi-brand outlets, and sells on leading e-commerce platforms.

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