Aditya Birla Retail’s to be profitable by next year

Aditya Birla Retail expects to become profitable at the company level by next year. It has a strong double-digit, like-to-like growth based on various initiatives focused on the consumer experience, both in terms of assortment and service. The company reduced its operating loss by 7.4 per cent in the year ended March 2016. The group entered retailing in 2007 with the acquisition of Trinethra Retail.