ABFRL’s Sales Grow, But Losses Deepen in Q3 Even as Stock Ends Higher
Aditya Birla Fashion and Retail Limited (ABFRL) reported its financial results for the third quarter (Q3), showcasing a mixed performance. While the company recorded strong sales growth, its net losses deepened, raising concerns about profitability. Interestingly, despite the widening losses, ABFRL’s stock ended higher, reflecting investor confidence in its long-term strategy and market positioning. Revenue…