Aditya Birla Lifestyle Brands (ABLBL) Q3 25/26 earnings summary

Executive summary

• Q3 revenue rose 10% YoY to ₹2,343.17 crore; EBITDA increased 21% to ₹431 crore, with margin expanding 180 bps to 18.4%.

• More than 50 net stores were added in Q3; retail LTL growth was 6%.

Financial highlights

• Consolidated Q3 profit before exceptional items and tax was ₹131.82 crore; net profit was ₹69.01 crore after a ₹41.31 crore exceptional charge.

• Normalized Q3 PAT rose 66% to ₹100 crore; reported PAT was ₹69 crore versus ₹60 crore YoY.

• 9M revenue was ₹6,221.65 crore, up 6%; EBITDA rose 12% to ₹1,054 crore and reported PAT was ₹116.51 crore versus ₹21 crore.

• 9M normalized PAT increased 55% to ₹147 crore from ₹95 crore.

• Standalone Q3 revenue was ₹2,341.48 crore and net profit ₹66.20 crore; 9M revenue was ₹6,219.14 crore and net profit ₹110.22 crore.

Segment performance

• Lifestyle Brands Q3 revenue grew 9% to ₹2,002 crore; EBITDA rose 14% to ₹413 crore, with a 20.6% margin. Q3 retail LTL was 5%.

• Emerging Business Q3 revenue rose 13% to ₹355 crore; EBITDA was ₹25 crore versus a ₹2 crore loss, with margin at 7.1%.

• Emerging Business 9M revenue declined 3% to ₹926 crore; EBITDA improved to ₹35 crore from ₹2 crore. Excluding Forever 21 from the base, revenue grew 4%.

• Emerging Business retail LTL was 16% in Q3 and 12% for 9M; like-to-like growth was 15%, or 19% excluding Forever 21 from the base.

• Reebok grew 20%+, with a network above 200 stores; American Eagle and Van Heusen Innerwear delivered double-digit growth.