Sign In

Delhi News Daily

  • Home
  • Fashion
  • Business
  • World News
  • Technology
  • Sports
  • Politics
  • Lifestyle
  • Entertainment
Reading: Aditya Birla Lifestyle aims to double revenues in 5 years, invest Rs 300 cr per annum – ET Retail – Delhi News Daily
Share

Delhi News Daily

Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Delhi News Daily > Blog > Fashion > Aditya Birla Lifestyle aims to double revenues in 5 years, invest Rs 300 cr per annum – ET Retail – Delhi News Daily
Fashion

Aditya Birla Lifestyle aims to double revenues in 5 years, invest Rs 300 cr per annum – ET Retail – Delhi News Daily

delhinewsdaily
Last updated: June 24, 2025 3:49 pm
delhinewsdaily
Share
SHARE


Contents
Join the community of 2M+ industry professionals.Subscribe to Newsletter to get latest insights & analysis in your inbox.All about ETRetail industry right on your smartphone!

<p>Aditya Birla Lifestyle Brands</p>
Aditya Birla Lifestyle Brands

The newly-listed Aditya Birla Lifestyle Brands (ABLBL) on Monday said it will invest Rs 300 crore every year with an aim to double its revenue in the next five years.

The Aditya Birla Group company, which was demerged from Aditya Birla Fashion and Retail, will invest around Rs 300 crore per year, its managing director Ashish Dikshit told reporters here.

Group chairman Kumar Mangalam Birla said, “India stands at the cusp of a transformative growth phase, with consumption poised to be a primary driver.”

ABLBL had a revenue of Rs 7,830 crore in FY25, an operating profit margin of 15 per cent and a net profit of Rs 60 crore.

Kumar Mangalam Birla said the company aspires to build India’s first portfolio of billion-dollar brands in the fashion and lifestyle segment. It sells brands like Peter England, Allen Solly, Van Heusen and Louis Philippe.

Dikshit said two of the company’s brands clock sales of over Rs 2,000 crore per year, while two others are above Rs 1,000 crore per year.

“Over the next five years, we aim to more than double our scale and more than triple our cash profits. This growth will be strategic, disciplined and powered by strong cash flows,” he said, adding that it targets to double in revenues as well.

Dikshit said the last two years have been difficult for the industry, adding it was cyclic and the company has seen many such turns in the last 25 years of its existence.

On the investments front, he said the company has a capex plan of Rs 300 crore per year.

“A large part of it is going through the expansion of the retail network, a small part towards the internal capabilities and technology,” Dikshit said.

It is aiming for a three-fold jump in the profitability over the next 3-5 year period, he said.

The company does not have any immediate plans for acquisitions at present, Dikshit said, pointing out that the Reebok brand and Van Heusen’s innerwear can be major growth drivers going ahead.

Shares of Aditya Birla Lifestyle Brands Ltd (ABLBL) made its market debut on Monday post demerger.

The stock started trading at Rs 167.75 and later jumped 4.97 per cent to Rs 176.10 apiece during the day on the BSE. It finally ended at Rs 159.40, down 4.97 per cent. The company’s market valuation stood at Rs 19,451.50 crore.

  • Published On Jun 24, 2025 at 09:10 AM IST

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETRetail industry right on your smartphone!






Source link

Share This Article
Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Turkey sandwich, sunflower seeds: Strict diet B-2 bomber pilots undergo before missions – Times of India – Delhi News Daily
Next Article Kamala Harris’ husband leaves law firm, joins USC law school faculty ‘amid difficult moment for legal community’ – Times of India – Delhi News Daily
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Conflict brings increased sexualized violence to DR Congo – Times of India – Delhi News Daily
  • EU strikes new trade deal with Ukraine covering farm imports | World News – Times of India – Delhi News Daily
  • Trump admin sues Los Angeles: Feds accuse mayor of blocking ICE, fueling riots; target ‘sanctuary city’ policies – Times of India – Delhi News Daily
  • OpenAI’s high-profile IITian employee quits, to join Meta: Who is Indian-origin researcher Trapit Bansal? | World News – Times of India – Delhi News Daily
  • Jaiswal Moved Out of Slips | Ryan ten Doeschate Explains Fielding Changes – Delhi News Daily

Recent Comments

No comments to show.

You Might Also Like

Fashion

IPO-bound BlueStone geared for unicorn tag – ET Retail – Delhi News Daily

The private wealth management arms of 360 One and Centrum Wealth are in discussions to facilitate secondary deals amounting to…

5 Min Read
Fashion

Japan’s ASICS to boost India sportswear production to 40% amid import restrictions, executive says – ET Retail – Delhi News Daily

Japanese sportswear giant ASICS will ramp up India manufacturing to 40 per cent from 30 per cent over the next…

3 Min Read
Fashion

Bata Group appoints Panos Mytaros as global CEO – ET Retail – Delhi News Daily

The Bata Group today announced the appointment of Panos Mytaros as its new Global Chief Executive Officer, effective September 15,…

2 Min Read
Fashion

Indian apparel sector to clock 11 pc growth over FY24-FY29: HSBC – ET Retail – Delhi News Daily

New Delhi: The Indian apparel sector is projected to clock a 11 per cent compound annual growth rate (CAGR) over…

3 Min Read

Delhi News Daily

© Delhi News Daily Network.

Incognito Web Technologies

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?