ABFRL reports strong Q2 FY26 revenue growth, leadership change

Aditya Birla Fashion and Retail Limited (ABFRL) reported 13% year-over-year revenue growth in Q2 FY26, reaching ₹1,982 Cr, with H1 FY26 revenue up 11% to ₹3,813 Cr. Consolidated EBITDA grew 7% in Q2 and 24% in H1, with an improved H1 margin of 7.5%. Q2 profitability was impacted by increased marketing spends and losses from the newly launched OWND brand. Despite this, all segments, including Pantaloons (up 6% YoY), Ethnic Businesses (up 11% YoY, excluding TCNS, grew 34% YoY), TMRW (up 27% YoY), and Luxury (up 13% YoY), showed strong organic performance.

The company expanded its retail footprint by over 30 stores in Q2, bringing its total retail area to 7.5 million sq. ft. Key initiatives included the launch of OWND, a fashion brand for Gen Z, and the upcoming opening of India's first Galeries Lafayette luxury department store in Mumbai in November 2025, a partnership between ABFRL and the Paris-based brand.

In a significant leadership announcement, Mr. Anil Malik will retire as company secretary and compliance officer effective November 30, 2025. He will be succeeded by Mr. Rajeev Agrawal, effective December 1, 2025. Additionally, the nomination and remuneration committee approved the grant of 46,77,115 stock options under the ESOP Scheme 2025 to eligible employees.