Aditya Birla Fashion and Retail Limited

9%

262 MBOs Q 1 F Y 2 6 A D I T Y A B I R L A F A S H I O N & R E T A I L Q1 HIGHLIGHTS ABFRL grew 9% YoY Growth fueled by new businesses Ethnic business – Sales up 25% Most of the brands clock do

25%

I L Q1 HIGHLIGHTS ABFRL grew 9% YoY Growth fueled by new businesses Ethnic business – Sales up 25% Most of the brands clock double digit growth TMRW delivered 38% YoY growth Continued improveme

38%

sses Ethnic business – Sales up 25% Most of the brands clock double digit growth TMRW delivered 38% YoY growth Continued improvement in profitability 4th consecutive quarter of YoY margin expans

200 bps

fitability 4th consecutive quarter of YoY margin expansion ABFRL EBITDA grew 38% YoY; margin up 200 bps Ethnic margin up ~1600 bps TMRW & Pantaloons segment maintain margins Multi-channel growth dri

1600 bps

quarter of YoY margin expansion ABFRL EBITDA grew 38% YoY; margin up 200 bps Ethnic margin up ~1600 bps TMRW & Pantaloons segment maintain margins Multi-channel growth drives performance Double digi

20%

additions in Q1 across brands Continue to profitably build E-commerce business E-com sales* up by 20%+ With TMRW, growth stood at 28%+ *Excluding TMRW Q 1 F Y 2 6 A D I T Y A B I R L A F A S H I O

28%

tinue to profitably build E-commerce business E-com sales* up by 20%+ With TMRW, growth stood at 28%+ *Excluding TMRW Q 1 F Y 2 6 A D I T Y A B I R L A F A S H I O N & R E T A I L ABFRL HIGHLIGHTS

7.3%

RL Consolidated (In ₹ Cr.) Q1 FY25 Q1 FY26 Revenue EBITDA 1674 123 1831 169 EBITDAMargin 7.3% 9.3% EBIT PAT -151 -238 -146 -234 Growth (Vs. LY) 9% 38% Continued profitable growth – S

9.3%

solidated (In ₹ Cr.) Q1 FY25 Q1 FY26 Revenue EBITDA 1674 123 1831 169 EBITDAMargin 7.3% 9.3% EBIT PAT -151 -238 -146 -234 Growth (Vs. LY) 9% 38% Continued profitable growth – Sales u

1%

mination* ABFRL 1101 350 143 114 -34 1674 1094 436 197 121 -17 1831 Growth Vs FY25 -1% 25% 38% 6% 9% EBITDA EBITDA% Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 194 -54 -46 25 5 123

6%

RL 1101 350 143 114 -34 1674 1094 436 197 121 -17 1831 Growth Vs FY25 -1% 25% 38% 6% 9% EBITDA EBITDA% Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 194 -54 -46 25 5 123 187 2 -631

17.6%

EBITDA% Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 194 -54 -46 25 5 123 187 2 -631 55 -12 169 17.6% -15.5% -32.2% 22.0% 17.1% 0.4% -31.8% 45.6% 7.3% 9.3% Sales grew 9% YoY with EBITDA margi

“Excluding that the EBITDA elimination for Q1 FY25 would have been Rs.”

Registered Office

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 Q1 FY26 Performance Highlights CONTENTS 01 Market Update 02 Q1 Highlights 03 04 Performance of Key Portfolios Financials Q 1 F Y 2 6 A D I T Y A B I R L A F A S H I O N & R E T A I L Market Update Overall muted demand; Few pockets of growth Wedding season lifts relevant consumer categories Overall demand sluggish Several efforts towards stimulating long term demand Higher wedding dates this Q1 vs negligible LY Premium and occasion-wear see an uptick Value Retail witnesses some normalization Softer pace of expansion Rollouts slow amidst macro uncertainty Market stabilizes after a period of rapid growth Current trend towards opening larger stores Sustained momentum in lower tier markets Q 1 F Y 2 6 A D I T Y A B I R L A F A S