Aditya Birla Fashion reports Q1 consolidated net loss of Rs 352.15 cr as lockdown hits sales

Friday, 30 Jul, 8.34 pm

Aditya Birla Fashion and Retail Ltd (ABFRL) on Friday reported a consolidated net loss of Rs 352.15 crore for the quarter ended in June.

The company had posted a net loss of Rs 410.36 crore in the same quarter a year ago.

Total income during the quarter under review stood at Rs 836.29 crore. It was at Rs 473.39 crore in the year-ago period, ABFRL said in a regulatory filing.

Aditya Birla Fashion and Retail Q1 sales recovery was impacted by unprecedented disruption on account of localised lockdowns caused by fresh waves of COVID infection.