ABFRL plunges 8.5% after Q1 loss widens despite double-digit revenue growth

Shares of Aditya Birla Fashion and Retail Ltd (ABFRL) fell 8.5% in early trade on August 10 after the company reported a wider consolidated net loss for the June quarter of FY27. ABFRL’s consolidated net loss increased to ₹248.73 crore in Q1 FY27 from ₹233.73 crore in the year-ago period. Despite the higher loss, revenue from operations rose 10.6% year-on-year to ₹2,025.56 crore. The pressure on profitability came from higher expenses, which increased 11.5% year-on-year to ₹2,395.45 crore. The company’s total income, including other income, rose 9.8% to ₹2,081.58 crore during the quarter. Among its key businesses, revenue from Pantaloons rose 10% year-on-year to ₹1,204.39 crore, while revenue from the Ethnic and Others segment increased 10.1% to ₹830.79 crore. At 9:55 am, ABFRL shares were trading 8.6% lower at ₹57.85 apiece on the NSE, reflecting investor concerns over the widening loss and elevated cost structure.