Aditya Birla Q3 revenue up five per cent

For the third quarter of financial year 2017, Aditya Birla Fashion and Retail’s standalone revenue increased by 5.1 percent year on year. This was primarily driven by an increase in Pantaloons outlets revenues by 12 percent. Pantaloons contributed 39 percent for the quarter. EBITDA for the quarter fell by 8.8 percent with a corresponding margin contraction of 75 basis points. EBITDA margin for the quarter stood at 5.1 percent. This margin contraction was aided by an increase in cost of raw materials by 12 percent year on year.