Aditya Birla Fashion Q1 revenue up 25% y-o-y

Pantaloons continued its growth momentum and recorded Q1 FY18 revenue growth of 27 per cent with like-to-like growth of 14 per cent. EBITDA posted an impressive growth of 78 per cent. During the quarter, ABFRL added 5 Pantaloons stores including one franchisee store.

Fast Fashion segment revenues tripled in April-June 2017 quarter due to addition of Forever 21, while other businesses grew by 63 per cent.

ABFRL stabilised four season calendar, which led to greater freshness and lower inventory across channels. (RKS)

Fibre2Fashion News Desk – India