Aditya Birla Lifestyle Brands delivered strong double-digit revenue growth in the third quarter of FY26, demonstrating resilient performance despite seasonal headwinds. The company achieved 10% year-on-year revenue growth to INR2,343 crores, supported by healthy performance across brands and channels.

Financial Performance Highlights

The quarter showcased robust financial metrics with significant margin expansion across key parameters:

The company achieved its highest EBITDA margin for Lifestyle Brands in the last four years at 20.6%, excluding one-offs on both pre and post-Ind AS basis. This margin expansion was driven by strong operating leverage from double-digit sales growth on a disciplined cost base.

Segment-wise Performance

Lifestyle Brands Division

The Lifestyle Brands business delivered 9% growth during the quarter with healthy like-to-like growth of 5%, marking the sixth consecutive quarter of sustained same-store growth. Quarterly revenue for this segment stood at INR2,002 crores. Performance was supported by targeted product portfolio upgrades, particularly in wedding categories, and continued enhancement to in-store experience.

Emerging Businesses Portfolio

The Emerging Businesses segment, comprising Reebok, Van Heusen Innerwear, and American Eagle, demonstrated strong momentum with 13% revenue growth. On a comparable basis excluding Forever 21 in the base, growth was even higher at 19%. The segment delivered robust 16% like-to-like growth during the quarter.

Network Expansion and Market Presence

The company continued aggressive retail expansion, adding 90+ stores during the quarter as expansion momentum gained pace. These new stores feature larger formats with more impactful layouts and sharper, more relevant assortments. The retail footprint now spans 3,300+ stores across 4.8 million square feet in over 785 cities and towns.

Management expects this expansion momentum to continue with plans for another 90+ net store additions in the next quarter, making the overall addition approximately 150 stores for the year. A pipeline of 300 locations has been identified for future expansion.

Debt Reduction and Cash Generation

The company demonstrated strong cash generation capabilities with net debt reducing to INR800 crores as of December end from INR1,000 crores in September. For the nine-month period, overall revenue stood at INR6,222 crores, up 6% year-on-year, while EBITDA grew 12% to INR1,054 crores with margin improving 100 basis points to 16.9%.

Management Outlook

Management expressed confidence in sustaining double-digit growth momentum, citing strong store addition pipeline, sustained retail growth, and improving performance across channels. The emerging brands portfolio is expected to contribute more meaningfully, with management targeting it to become one-fourth of overall business in the next 4-5 years. The company expects capex of north of INR300 crores for the year, reflecting increased investment in growth initiatives post-demerger.

Aditya Birla Lifestyle Brands Limited announced a key leadership appointment following its Board of Directors meeting held on February 2, 2026. The company has appointed Ms. Sonia Bhandari as Interim Company Secretary and Compliance Officer, marking an important addition to its senior management team.

Board Approval and Appointment Details

The Board of Directors, acting on the recommendation of the Nomination and Remuneration Committee, approved Ms. Sonia Bhandari's appointment during their meeting on Monday, February 2, 2026. The appointment will take effect from February 16, 2026, positioning her as a Key Managerial Personnel and part of the Senior Management Personnel.

Professional Background and Qualifications

Ms. Sonia Bhandari brings substantial expertise to her new role, with 18 years of professional experience in corporate secretarial affairs. She is a qualified member of the Institute of Company Secretaries of India and holds a Law Graduate degree. Her professional background encompasses comprehensive knowledge of corporate governance matters, listing regulations, and corporate secretarial affairs for listed entities.

Her experience extends to specialized areas including fund raising activities and merger & acquisitions, providing valuable expertise for the company's strategic initiatives. This diverse background positions her well to handle the complex regulatory and compliance requirements of a listed entity.

Regulatory Authority and Responsibilities

The Board has granted Ms. Bhandari significant regulatory authority, authorizing her to determine the materiality of events or information and make necessary disclosures to stock exchanges under Regulation 30 of the SEBI Listing Regulations. She will work alongside other Key Managerial Personnel in fulfilling these critical compliance responsibilities.

Her contact details for official communications have been established as cs@ablbl.adityabirla.com , ensuring streamlined communication channels for regulatory and corporate matters.

Compliance Framework

The appointment aligns with regulatory requirements under multiple frameworks:

• Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
• Schedule III-Part A of SEBI Listing Regulations

This appointment demonstrates the company's commitment to maintaining robust corporate governance standards and ensuring compliance with evolving regulatory requirements in the Indian capital markets.