Aditya Birla Fashion and Retail Limited (ABFRL) announced its financial results for the quarter ended June 30, 2025, alongside the completion of the demerger of its Madura Fashion & Lifestyle (MFL) Business. * Q1 FY26 Financial Highlights (ABFRL - Continuing Operations): * Total Income from continuing operations stood at ₹1,831.46 crore. * Net Loss for the period from continuing operations after tax was ₹233.73 crore. * Demerger of Madura Fashion & Lifestyle Business: * The demerger of the MFL Business into Aditya Birla Lifestyle Brands Limited (ABLB), a wholly-owned subsidiary, became effective from May 1, 2025, following sanction by the Hon'ble National Company Law Tribunal on March 27, 2025. * ABLB allotted 1,22,02,94,773 fully paid-up equity shares of face value ₹10/- each to ABFRL shareholders on May 26, 2025, in a 1:1 share exchange ratio (one ABLB share for every one ABFRL share). * The equity shares of ABLB were listed on BSE Limited and National Stock Exchange of India Limited on June 23, 2025. * For reporting purposes, MFL Business transactions for the quarter ended June 30, 2024, have been restated as discontinued operations in ABFRL's consolidated financial results. * Strategic Stake Acquisitions: * Increased stake in House of Masaba Lifestyle Private Limited (HOMLPL) from 54.05% to 59.16% by investing ₹40 crore in a Rights Issue on May 22, 2025. * Raised shareholding in Finesse International Design Private Limited (FIDPL) from 63.50% to 65.50% through a secondary acquisition of 2% equity stake for ₹2.50 crore. * Q1 FY26 Financial Highlights (Aditya Birla Lifestyle Brands Limited - ABLB): * Total Income from operations was ₹1,940.58 crore. * Net Profit for the period after tax was ₹24.06 crore.