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Aditya Birla Fashion & Retail posts Rs 109 crore loss for Q4

Aditya Birla Fashion & Retail posts Rs 109 crore loss for Q4

NEW DELHI: Aditya Birla Fashion and Retail (ABFRL), formerly known as Pantaloons Fashion, today reported a net loss of Rs 109.82 crore on standalone basis for the January-March quarter of 2015-16 against a loss of Rs 63.78 crore in the same period last year. 

Besides, the company's board today approved acquisition of online and offline rights of global brand Forever 21 for the 
 


ABFRL reported net sales of Rs 1,430.99 crore during the quarter under review against net sales of Rs 450.51 crore in the same quarter of previous fiscal. 

Meanwhile, the company said that its results are not comparable as Aditya Birla NuvoBSE 1.82 % and of another group firm Madura Garments Lifestyle Retail Ltd were merged into listed firm Pantaloons Fashion. 

"The figure of the quarter ended March 31, 2016 and December 31, 2015 and nine months ended December 312016 and December 31, 2015 and nine months ended December 31, 2015 and year ended March 31, 2016 include figures of the demerged undertakings which has been transferred to the company from April 1, 2015 and therefor to that extent are not comparable with those of the previous fiscal," said ABFRL. 

For 2015-16, ABFRL has a standalone net loss of Rs 104.14 crore. It had a net loss of Rs 228.14 crore in the previous fiscal. 

Its net sales were at Rs 6,017.80 crore in 2015-1-16 against Rs 1,816.88 crore in 2014-15. 

In a separate filing, ABFRL informed: "The board of directors of the company, at its meeting held today has in principal approved a proposal to enter into a binding MoU with Forever 21 to acquire its exclusive online and offline rights of the global brand Forever 21 for the Indian market and its existing store network in India from the current franchise Diana Retail Pvt Ltd". 

However, it also added: "The proposed acquisition isis subject to necessary statutory approvals from and signing of definitive agreements". 

Shares of the company today settled at Rs 146.65 at BSE, up 0.17 per cent from previous close. 
 

 

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2017-01-04 19:11:50

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2017-01-04 22:12:54

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2017-01-04 22:22:37

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2017-01-04 23:13:45

FSY: Re Fireman Sam -- at least he challenged the goons.I'm not out to judge him, only to express my surprise that someone of that age could have so thoroughly absorbed ideas which didn't exist when he was young in the 50's and early 60's.

2017-01-04 23:28:27

FadeNem mondtatok ilyet, de kell a kiegészítés az általatok elmondotthoz, mert kell egy kicsit árnyalni a képet.(azaz nem teljesen win-win szitu, de kérdés, hogy kell e az a potenciál amit az ohio ssgn tud)Tetszik / Egyetértek: 0 Az értékeléshez be kell

2017-01-04 23:45:54

Thiago Bertges / Muito bom,as vezes você fica meio perdido como e quando colocar sua empresa em evidência,mas com essa matería fica mais facil de entender como funciona.

2017-01-04 23:53:21

Re: Bar Mitzvah in Isreal for Rahm Emanuel's son -- I too never have heard of having a child's birthday party in a foreign country. Does he consider Isreal "foreign"? Probably not.Does Rahm hold dual citizenship?

2017-01-05 00:12:25

Henna, I think you have a point there in an odd sort of way. Let them experience for a day what the slaves experienced in the cotton field, and they might learn to appreciate what their ancestors died and fought for to make it better for them, instead of taking it for granted. Maybe, people do need to be a little more opened minded about it.

2017-01-05 00:49:52

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2017-01-05 01:24:54

Arızadan kaynaklanıyor ancak son dönemde çok sık görülmeye baÅŸlandı. Bu arada Mgm’nin sayfasında ki yeni istasyonların deÄŸerleri 2 gündür aynı. Dikkate almayın.Ayrıca katılır mısınız bilmem? Son durum gösterimi daha iyi tasarlanabilirdi. ÖrneÄŸin harita üzerine yakınlaÅŸtırma yaptığımız zaman bütün istasyonların görüldüğü bir sistem yapılabilirdi. Yine bütün istasyonlarda gerçekleÅŸen en düşük ve en yüksek sıcaklıklar ile toplam yağışlar güzel bir renk skalası ile harita üzerinde gösterilebilirdi.

2017-01-05 01:45:27

For my part I put them on my tomato sauce pizza and spaghettis. I find that anchovies goes well with tomato sauce. And salad : nicoise salad. And careful with the salt, those are very salty.

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2017-01-05 02:19:35

Ah, Bruce, where to begin? Really…using random nutty tweets to demonstrate how the Left has gone off the rails? Need we bring up Birthers and those who think Obama is Muslim (as if that would be a problem)? What do you think is the ethnic make-up of the 47% of Americans that Romney summarily dismissed this year? What happened to this young man who voted for the Georgia peanut farmer? Can I compose an entire post of rhetorical questions?

2017-01-05 03:22:03

Thanks for the extremely reasonable take on the situation, Ceolasquid. :3 Poor Fenix. I’ve never even played his game but now I’m hoping we see more of him (err, as in appearances in the comic, that is, not the full Monty).

2017-01-05 04:08:16

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2017-01-25 02:58:35

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2017-01-25 07:36:28

Clah comentou em 18 de agosto de 2011 às 00:54. Amei a maquiagem! Só achei que o delineado da boca ficou muito marcado, acho que vc poderia ter esfumado mais…. mas ficou tudo lindo!Ju, saiu na Allure um babyliss com duas hastes, o cabeleireiro diz que usa fazendo um 8 com a mecha do cabelo, vc que adora novidades podia comprar e fazer pra gente hein?!bjuuus

2017-01-25 14:01:29

I love, love, LOVE the log cabin cushion, it is really really cute!! Cute felting too! I want to give it a go one day (as well as a million other things!!!)

2017-01-25 15:39:00

That addresses several of my concerns actually.

2017-01-25 16:16:22

was tagged as a loose track and won’t be on any upcoming projects, as of now. Check out the Blue Slide Park tour dates with Mac Miller featuring Casey

2017-01-25 17:48:51

This "free sharing" of information seems too good to be true. Like communism.

2017-01-25 18:41:15

Another quote from Pratchett, from his latest, 'Snuff'. Commander Vimes is thinking of taking his small son to meet the lady who writes the boy's favourite books. Vimes thinks, 'Since she's a writer, she won't mind being interrupted.' I LOLed and nearly dropped me kindle!Why do some lines stick in the memory? - Surely because they're things 'often thought but ne'er so well expressed.'

2017-01-25 19:07:44

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2017-01-26 00:14:31

Exemples de l’épreuve sur dossier du CAPES d’histoire géo : – En quoi les études du passé colonial amène-t-elles au renouvellement épistémologique de la discipline historique? – Dans quelle mesure la biographie est-elle un genre historique ? – l’analyse spatiale peut elle renouveler les études historiques: l’exemple de l’histoire urbaine?Et vous dites que les concours purement théoriques c’est fini?

2017-01-26 00:23:46

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2017-01-26 01:30:21

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2017-01-26 02:54:41

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2017-01-26 03:43:07

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2017-01-26 04:28:50

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2017-01-26 04:35:13

When you let it set after mashing it, you will always get one of those money shots. Try putting a hot towel on his back for about an hour and then squeeze and THEN put some neo sporin or some antibiotic cream, put a bandaid on it and the next day, do the hot towels again…and you will get it all…I don’t think it is a cyst though..it looks like one of those pesky black heads that washed it’s hair..LOL

2017-01-26 05:16:46

for all those wondering what a low-life sack of shit looks like, he’s posted pictures (not you sam) did your girl start packing on the pounds when she realised she was your beard ?? :) oh, and for all you photoshoppers-in-training…………

2017-01-26 06:00:20

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2017-02-01 01:24:58

Surprisingly well-written and informative for a free online article.

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