Aditya Birla Fashion and Retail Limited

13%

HIGHLIGHTS Strong double-digit growth Expanding across the value–luxury spectrum ▪ Revenue up 13% vs LY led by strong ▪ Launch of OWND start to festive season ▪ Targeting 40–50 new store ▪ P

6%

unch of OWND start to festive season ▪ Targeting 40–50 new store ▪ Pantaloons segment reported 6% additions this fiscal YoY growth ▪ Galeries Lafayette debuts India’s first ▪ TMRW sales up 27

27%

6% additions this fiscal YoY growth ▪ Galeries Lafayette debuts India’s first ▪ TMRW sales up 27% vs LY luxury department store ▪ Luxury grew 13% YoY ▪ Opening to public in Nov 2025 ▪ Ethnic bu

11%

e ▪ Luxury grew 13% YoY ▪ Opening to public in Nov 2025 ▪ Ethnic business posted YoY growth of 11% Business delivered robust LTL & E-com performance ▪ Strong LTL growth across all the segments ▪

7%

red robust LTL & E-com performance ▪ Strong LTL growth across all the segments ▪ Pantaloons LTL @7% ▪ >20% LTL for Ethnic business ▪ E-commerce momentum sustained with >20% YoY growth ▪ Digital sh

20%

ust LTL & E-com performance ▪ Strong LTL growth across all the segments ▪ Pantaloons LTL @7% ▪ >20% LTL for Ethnic business ▪ E-commerce momentum sustained with >20% YoY growth ▪ Digital share of b

15%

erce momentum sustained with >20% YoY growth ▪ Digital share of business for the portfolio crossed 15% in Q2 ▪ Strong omni-channel traction in Pantaloons and The Collective Q 2 F Y 2 6 A D I T Y A B I

6.2%

BFRL Consolidated Q2 FY25 Q2 FY26 1761 108 1982 116 Growth (Vs. LY) 13% 7% EBITDA Margin 6.2% 5.9% EBIT PBT (before exceptional) Exceptional items PBT PAT -178 -319 161 -158 -116 -2

5.9%

onsolidated Q2 FY25 Q2 FY26 1761 108 1982 116 Growth (Vs. LY) 13% 7% EBITDA Margin 6.2% 5.9% EBIT PBT (before exceptional) Exceptional items PBT PAT -178 -319 161 -158 -116 -209 -3

200 bps

▪ Sales up by 13% vs LY ▪ EBITDA grew 7% YoY ▪ Margin impacted due to higher marketing spends (~200 bps up YoY), across the portfolio ABFRL HIGHLIGHTS | Q2 | Segmental Consolidated Financials Revenue

15.0%

13% Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 162 -14 -38 40 -42 108 157 -1 -62 35 -12 116 15.0% -3.1% -21.8% 31.4% 13.7% -0.3% -27.9% 24.7% 6.2% 5.9% Ethnic Businesses TMRW Others El

3.1%

2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 162 -14 -38 40 -42 108 157 -1 -62 35 -12 116 15.0% -3.1% -21.8% 31.4% 13.7% -0.3% -27.9% 24.7% 6.2% 5.9% Ethnic Businesses TMRW Others Eliminati

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 Q2FY26 Performance Highlights CONTENTS 01 Market Update 02 Q2 & H1 Highlights 03 04 Performance of Key Portfolios Financials Q 2 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 Underlying demand remained sluggish Early festive offsets weak wedding calendar ▪ Cautious consumer sentiment ▪ Partial festive shift to Q2 boosts persists demand ▪ Ongoing steps to drive long-term recovery ▪ Further supported by advance in online events & rollout of GST 2.0 Steady demand growth across non-metro markets Rising emphasis on youth centric offerings ▪ Sustained traction for value-led retail ▪ Players launching collections & proposition expanding formats to address Gen Z consumers Q 2 F Y 2 6 A D I T Y A B I R L A F