Aditya Birla Fashion & Retail Limited (ABFRL), a leading Indian fashion powerhouse, has reported a robust 13% year-on-year revenue growth for the second quarter of fiscal year 2026, demonstrating strong momentum across its diverse portfolio of brands and retail formats.

Financial Highlights

ABFRL's consolidated revenue for Q2 FY26 stood at ₹1,982.00 crore, up from ₹1,761.00 crore in the same quarter last year. The company's EBITDA grew by 7% to reach ₹116.00 crore, with an EBITDA margin of 5.9%.

The company's performance was driven by strong growth across all segments, with the Pantaloons segment growing by 6%, ethnic businesses by 11%, and the TMRW digital brands portfolio expanding by 27% year-on-year.

Segment Performance

• Pantaloons: The segment reported a 6% year-on-year growth with quarterly sales of ₹1,142.00 crore. Like-for-like (LFL) growth stood at 7%.
• Ethnic Businesses: This portfolio grew by 11% year-on-year, with the designer-led brands showing over 30% growth.
• TMRW: The digital-first fashion brands under TMRW continued their strong performance with a 27% year-on-year growth.
• Luxury Retail: The segment, including The Collective and mono-brand stores, posted a 13% year-on-year growth.

Strategic Initiatives

ABFRL has made significant strides in expanding its presence across the value-luxury spectrum:

1. Launch of OWND: The company introduced OWND, a new fashion brand targeting Gen Z and youth consumers. OWND expanded to 59 stores by the end of Q2.

2. Galeries Lafayette: ABFRL is set to debut India's first luxury department store through its partnership with Galeries Lafayette, bringing together over 250 luxury and designer brands.

3. Ethnic Wear Expansion: The company's ethnic wear portfolio, including brands like Tasva and Jaypore, showed strong growth and network expansion.

4. Digital and Omni-channel Growth: E-commerce sales grew by over 20% year-on-year, with the digital share of business crossing 15% in Q2.

Outlook

Ashish Dikshit, Managing Director of ABFRL, commented on the results, saying, "ABFRL sustained its growth momentum this quarter, delivering strong organic performance across all segments. Our newer businesses continue to scale rapidly, supported by strategic investments that strengthen capabilities, extend market reach, and ensure we stay ahead in an evolving fashion and lifestyle landscape."

The company remains focused on driving scale and efficiency while transforming its brands to be more contemporary, aspirational, and vibrant. With a supportive macro environment, ABFRL is well-positioned to deliver sustained, profitable growth over the mid to long term.

As of September 30, 2025, ABFRL's presence spans 1,190 stores across 7.5 million sq.ft. of retail space, solidifying its position as a leader in India's fashion retail market.

Corporate Governance Update

In a separate announcement, ABFRL disclosed changes in its key managerial personnel. Mr. Anil Malik, Company Secretary and Compliance Officer, will retire effective November 30, 2025. Mr. Rajeev Agrawal has been appointed as the new Company Secretary and Compliance Officer, effective December 1, 2025.

ABFRL continues to strengthen its portfolio and expand its market presence, leveraging its diverse brand offerings and strategic initiatives to drive growth in the dynamic Indian fashion retail sector.

Aditya Birla Fashion & Retail Limited (ABFRL), a leading player in India's fashion industry, has announced a significant change in its key managerial personnel. The company's Board of Directors has approved the retirement of Mr. Anil Malik as Company Secretary and Compliance Officer, effective November 30, 2025. Mr. Malik's departure marks the end of a 32-year tenure with the Aditya Birla Group.

New Appointment

To ensure a smooth transition, the Board has appointed Mr. Rajeev Agrawal as the new Company Secretary and Compliance Officer, set to assume the role from December 1, 2025. Mr. Agrawal brings with him a wealth of experience and expertise in corporate governance and compliance.

Profile of the New Appointee

Mr. Rajeev Agrawal's credentials include:

• Membership in the Institute of Company Secretaries of India
• Law graduate with 21 years of professional experience
• 14+ years of service within the Aditya Birla Group
• 3 years of managing Corporate Secretarial activities for the Fashion Business
• Current role as Company Secretary and Compliance Officer at Aditya Birla Lifestyle Brands Limited

Mr. Agrawal's extensive experience spans various critical areas:

• Corporate Governance
• Corporate Restructuring
• Fund Raising
• Compliance
• Mergers and Acquisitions

Notable Achievements

Throughout his career, Mr. Agrawal has played pivotal roles in several significant corporate actions, including:

• Demerger of Madura Fashion & Lifestyle Business
• Merger of Aditya Birla Nuvo Limited with Grasim Industries Limited
• Demerger and listing of Aditya Birla Capital Limited
• Successful open offer, acquisition, and merger of TCNS Clothing
• Fund raising through various modes, including Qualified Institutional Placement and Preferential Issue

Board's Acknowledgment

The Board of Directors expressed their sincere gratitude to Mr. Anil Malik for his outstanding service, exemplary professionalism, and valuable contributions during his long tenure with the Aditya Birla Group. They also extended their best wishes for his future endeavors.

This leadership transition in ABFRL's key managerial personnel underscores the company's commitment to maintaining strong corporate governance practices and ensuring seamless continuity in its compliance functions. As Aditya Birla Fashion & Retail continues to navigate the dynamic fashion retail landscape, the appointment of Mr. Rajeev Agrawal is expected to bring fresh perspectives and robust compliance oversight to the organization.