Aditya Birla Fashion and Retail Limited CC-Sep24.pdf · 2024-11-08
The first question is on Pantaloons. Now this is with reference to the EBITDA margin expansion for the business that you talked about in the opening remarks. Now, I note that over the last few quarters Pantaloons has posted a negative EBIT , how do you view this? And I am asking this also in the context of EBITDA margin does not give us complete picture given some rental cost to sit below EBITDA.
Let me ask this another way. This Pantaloons segment generates cash in 1H FY ‘25.