Business
Madura F&L and Pantaloons report revenue rise in Q1
Aditya Birla Nuvo Limited’s (ABNL) Fashion & Lifestyle business reported a revenue of 14 percent to Rs 1,321 crores and EBITDA by 37 percent to Rs 79 crores despite lower customer footfalls and higher discounting witnessed across the industry. Backed by retail store expansion and growth in wholesale channel sales, Madura’s revenue expanded 12...
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