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Aditya Birla Fashion and Retail Full Year 2024 Earnings: EPS Misses Expectations

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Aditya Birla Fashion and Retail Full Year 2024 Earnings: EPS Misses Expectations

Aditya Birla Fashion and Retail (NSE:ABFRL) Full Year 2024 Results

Key Financial Results

  • Revenue: ₹142.3b (up 15% from FY 2023).
  • Net loss: ₹6.28b (loss widened by ₹5.92b from FY 2023).
  • ₹6.52 loss per share (further deteriorated from ₹0.38 loss in FY 2023).
NSEI:ABFRL Earnings and Revenue Growth May 30th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Aditya Birla Fashion and Retail EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.6%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Specialty Retail industry in India.

Performance of the Indian Specialty Retail industry.

The company’s shares are up 5.9% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we’ve spotted 2 warning signs for Aditya Birla Fashion and Retail you should be aware of.

Valuation is complex, but we’re helping make it simple.

Find out whether Aditya Birla Fashion and Retail is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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