Jagdish Bajaj

Our ethnic portfolio is now at INR 2,200 crore annual sales, with 650+ stores across the country.

Our focused investment in brand building, partnerships, and retail excellence are extending our foundation for sustainable, profitable growth.

Our focus has remained steadfast on driving profitability through disciplined execution and operational efficiency.

We have consistently delivered profitable growth over the past three quarters.

Pantaloons delivered yet another quarter of significantly improved profitability.

Despite these challenges, our focus has remained on consistently improving profitability.

We have been pulling multiple strategic levers to optimize efficiency and reduce costs without compromising the quality of our operations.

This strategic demerger of ABFRL is paving the way for the creation of two separate growth engines, each with a clear capital allocation strategy and unique path for value creation.

The consumption slowdown that the discretionary category we started to witness for festive last year continued during this quarter as well.