Aditya Birla Lifestyle Brands Limited (ABLBL) has reported a steady performance in Q2 FY26, with revenue growing by 4% year-on-year to INR 2,038.00 crores, driven by strong retail performance. The company faced a mixed operating environment, with early onset of the Pujo season providing a positive demand boost, while GST transition and localized issues in the East moderated overall momentum.

Financial Highlights

All financial figures in INR crores

Segment Performance

• Lifestyle Brands: Grew by 7% year-on-year
• Emerging Businesses: Declined mainly due to Forever 21 revenue in the base
• Retail Like-to-Like Growth: 12% for lifestyle brands

Expansion and Network Growth

ABLBL continued its expansion strategy, adding over 75 new stores during the quarter. The company's retail footprint now spans:

• 4.7 million square feet
• 785+ cities and towns
• Around 3,250 stores, including 550+ stores in smaller towns

Key Observations

1. Strong Retail Performance: The company witnessed consistent performance across all months, with retail like-to-like growth at 12% for lifestyle brands.

2. EBITDA Growth: Consolidated EBITDA registered a healthy growth of 12%, driven by top-line momentum in Lifestyle Brands and continued discipline in discounting and cost management.

3. Margin Expansion: EBITDA margin expanded by 125 basis points to 16.60%, reflecting improved operating efficiency.

4. GST Transition Impact: The GST transition impacted wholesale partners' ordering systems, particularly affecting September sales. However, management expects this segment to report strong growth in coming quarters.

5. Small Town Growth: ABLBL reported strong growth in small-town India, with stronger like-to-like performance compared to urban centers.

6. Store Renovations: The company undertook an aggressive store renovation program, upgrading 65 stores during the quarter, which temporarily impacted overall growth but is expected to drive stronger performance in the future.

7. Emerging Businesses: The emerging business portfolio, including Van Heusen Innerwear, American Eagle, and Reebok, delivered a robust 11% like-to-like growth during the quarter.

Outlook

While the company faces challenges in the current market environment, management remains optimistic about future growth prospects. The focus remains on expanding the retail network, enhancing product portfolios, and leveraging digital capabilities to drive growth.

ABLBL's Managing Director, Mr. Ashish Dikshit, commented on the results, stating, "Despite a measured consumer environment, we delivered steady growth, improved profitability, and broadened our presence across both established and emerging markets. Our lifestyle brands continue to demonstrate strong growth, while the emerging businesses are well-positioned to become levers of profitable and meaningful growth in the coming quarters."

As ABLBL continues to navigate the evolving retail landscape, the company's strategy of expanding its product portfolio through innovation and distribution into high-potential markets is expected to sustain profitable growth and create long-term value for stakeholders.

Aditya Birla Lifestyle Brands Limited (ABLBL) announced that Rajeev Agrawal, the Company Secretary and Compliance Officer, will be stepping down from his position effective November 30, 2025. Agrawal plans to pursue other opportunities within the Aditya Birla Group.

Key Details of the Resignation

• Effective Date: Close of business hours on November 30, 2025
• Current Role: Company Secretary and Compliance Officer
• Future Plans: Pursuing other opportunities within the Aditya Birla Group
• Transition Period: Agrawal will continue his current duties until November 30, 2025

Company's Disclosure

ABLBL has duly informed the stock exchanges about this leadership change, adhering to regulatory requirements. The company's statement emphasized Agrawal's continued commitment to his role during the transition period.

About Aditya Birla Lifestyle Brands Limited

Aditya Birla Lifestyle Brands Limited, a part of the Aditya Birla Group, is a leading player in the branded apparel sector. The company boasts a diverse portfolio of well-established lifestyle brands, including:

• Louis Philippe
• Van Heusen
• Allen Solly
• Peter England

As of September 30, 2025, ABLBL's retail footprint includes:

• Over 3,256 exclusive brand outlets
• Presence in more than 39,000 multi-brand outlets
• Over 7,000 shop-in-shops in department stores across India

The company has also expanded its presence in the innerwear and athleisure markets through Van Heusen Innerwear and strategic partnerships with international brands like Simon Carter, American Eagle, and Reebok.

Recent Financial Performance

In its latest financial results for Q2 FY2026, ABLBL reported:

The company demonstrated strong retail performance with a 12.00% like-to-like growth across its network of over 3,000 stores.

As ABLBL prepares for this transition in its leadership team, the company continues to focus on expanding its retail footprint and strengthening its brand portfolio in the competitive Indian apparel market.