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Aditya Birla Lifestyle Brands Profit Doubles

31 Oct

Summary

Consolidated net profit more than doubled to Rs 70.4 crore.
Revenue from operations grew 11.2% to Rs 2,266 crore.
EBITDA increased by 13.8% to Rs 360 crore.

Aditya Birla Lifestyle Brands Ltd. has reported a substantial financial uplift in the September quarter. The company's consolidated net profit more than doubled, reaching Rs 70.4 crore compared to Rs 31.1 crore in the same period last year. This impressive gain was underpinned by a healthy increase in operational revenue.

Revenue from operations saw an 11.2% year-on-year rise, climbing to Rs 2,266 crore from the previous year's Rs 2,038 crore. Accompanying this revenue growth was an improvement in operating performance. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) advanced by 13.8%, settling at Rs 360 crore.

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