Aditya Birla Q4 revenue up 9%

Source: retail.economictimes, Thursday, May 16, 2019

Aditya Birla Fashion and Retail reported a 79% jump in net profit to INR 203 million (USD2.85 million) for the fourth quarter of the financial year 2018-19. The company has reported a 9% increase in revenue from INR 1.75 billion(USD24.62 million) to INR1.92 billion (USD26.88 million).

Madura which consists of fashion brands like Louis Philippe, Van Heusen, Allen Solly, Peter England, Forever 21 and People recorded 14% growth in revenue in Q4 to INR1.32 billion (USD18.53 million) as compared to INR1.16 billion(USD16.29 million) during the corresponding period last year.