Aditya Birla Fashion and Retail Limited

5%

ls Subdued Growth Ethnic Strategy completed Brand Investments – Consolidated revenue grew by 5% over LY – New businesses primarily contributed to this growth – Concluded acquisition of TCNS, a

295329951%

due to higher growth investments in TMRW & Ethnic businesses Q2 FY23Q2 FY24Growth(Vs. LY)Revenue295329951%EBITDA465426-8%EBITDA Margin15.7%14.2%EBIT20083PAT80-75ABFRL StandaloneParticulars(In Rs. Cr.)Q2 FY2

8%

investments in TMRW & Ethnic businesses Q2 FY23Q2 FY24Growth(Vs. LY)Revenue295329951%EBITDA465426-8%EBITDA Margin15.7%14.2%EBIT20083PAT80-75ABFRL StandaloneParticulars(In Rs. Cr.)Q2 FY23Q2 FY24Growth(

15.7%

TMRW & Ethnic businesses Q2 FY23Q2 FY24Growth(Vs. LY)Revenue295329951%EBITDA465426-8%EBITDA Margin15.7%14.2%EBIT20083PAT80-75ABFRL StandaloneParticulars(In Rs. Cr.)Q2 FY23Q2 FY24Growth(Vs. LY)Revenue3075

14.2%

& Ethnic businesses Q2 FY23Q2 FY24Growth(Vs. LY)Revenue295329951%EBITDA465426-8%EBITDA Margin15.7%14.2%EBIT20083PAT80-75ABFRL StandaloneParticulars(In Rs. Cr.)Q2 FY23Q2 FY24Growth(Vs. LY)Revenue307532265

307532265%

5.7%14.2%EBIT20083PAT80-75ABFRL StandaloneParticulars(In Rs. Cr.)Q2 FY23Q2 FY24Growth(Vs. LY)Revenue307532265%EBITDA418369-12%EBITDA Margin13.6%11.4%EBIT127-20PAT29-200ABFRL ConsolidatedParticulars(In Rs. Cr.)

12%

-75ABFRL StandaloneParticulars(In Rs. Cr.)Q2 FY23Q2 FY24Growth(Vs. LY)Revenue307532265%EBITDA418369-12%EBITDA Margin13.6%11.4%EBIT127-20PAT29-200ABFRL ConsolidatedParticulars(In Rs. Cr.) Key segments Pe

13.6%

oneParticulars(In Rs. Cr.)Q2 FY23Q2 FY24Growth(Vs. LY)Revenue307532265%EBITDA418369-12%EBITDA Margin13.6%11.4%EBIT127-20PAT29-200ABFRL ConsolidatedParticulars(In Rs. Cr.) Key segments Performance • Madur

11.4%

rticulars(In Rs. Cr.)Q2 FY23Q2 FY24Growth(Vs. LY)Revenue307532265%EBITDA418369-12%EBITDA Margin13.6%11.4%EBIT127-20PAT29-200ABFRL ConsolidatedParticulars(In Rs. Cr.) Key segments Performance • Madura pro

6%

asstige fashion segment Q2 FY23Q2 FY24vs FY23Q2 FY23Q2 FY24Q2 FY23Q2 FY24 Lifestyle Brands16801586-6%28633917.0%21.3% Other Businesses 30745849%6-12.0%-0.2%Madura Segment198720453%29233814.7%16.5%Panta

28633917.0%

stige fashion segment Q2 FY23Q2 FY24vs FY23Q2 FY23Q2 FY24Q2 FY23Q2 FY24 Lifestyle Brands16801586-6%28633917.0%21.3% Other Businesses 30745849%6-12.0%-0.2%Madura Segment198720453%29233814.7%16.5%Pantaloons Segme

21.3%

on segment Q2 FY23Q2 FY24vs FY23Q2 FY23Q2 FY24Q2 FY23Q2 FY24 Lifestyle Brands16801586-6%28633917.0%21.3% Other Businesses 30745849%6-12.0%-0.2%Madura Segment198720453%29233814.7%16.5%Pantaloons Segment109

Registered Office

1

Note

1

Registered Office

Piramal Agastya Corporate Park, Building ‘A’, 4th and 5th Floor, Unit No. 401, 403, 501, 502, L.B.S. Road, Kurla, Mumbai - 400 070 CIN: L18101MH2007PLC233901 Tel.: +91 86529 05000 Fax: +91 86529 05400 Website: www.abfrl.com E-mail: secretarial@abfrl.adityabirla.com Performance Highlights Distribution Network Distribution Network Market Update Q2 Highlights Performance of Key Portfolios Company Financials India’s widest branded fashion network 16 3 13 2 117 15 144 17 25 156 14 76 4 426 40 145 46 132 16 436 51 345 30 183 18 125 16 2 9 3 175 14 4 1 27 1 3 118 45 10 1 131 14 7 82 8 31 13 76 8 8 1 15 1 1 9 7 3,617 Brand Stores 34,978 Multi-brand Outlets 439 Pantaloons Stores 7,153 Shop-in-Shops across Dept stores Footprint (million sq. ft.) 9.7 Q2 FY23 11.2 Q2 FY24 354 35 5 219 7 Market Update Distribution Network Market Update Q2 Highlights Performance of Key Portfolios Company Financials Consumption Slowdown Festive season shift Lean wedding calendar – Overall consumption slowdown continu

Note

Since the acquisition date for consolidation of TCNS has been taken as 30th September 2023, TCNS is not included in the Consolidated Profit and Loss for this quarter, but its numbers are reflected in the balance sheet Consolidated Profit & LossIn Rs. Cr.Q2 FY23Q2 FY24Revenue from Operations30753226Other Income2246Total Income30973272EXPENSESCost of Materials Consumed293337Purchases of Stock-in-Trade18751509Changes in Inventories -788-343Employee Benefits Expense379423Finance Costs104208Depreciation & Amortisation291389Rent Expense202210Other Expenses717766Total Expenses30723500Profit before Tax24-229Tax Expenses-6-28Net Profit after Tax29-200Consolidated Balance Sheet In Rs. Cr.Mar-23Sep'23(without TCNS)Sep'23(with TCNS)Networth 3,346 2,937 3,480 Net Debt 1,422 4,280 4,355 Lease Liability 4,267 4,811 5,354 Capital Employed 9,035 12,028 13,189 Net Block (incl CWIP) 2,606 2,754 3,727 Goodwill 2,330 2,330 3,366 Right to Use Assets 3,623 4,043 4,526 Investments 88 1,718 91 Deferred Tax Ass