ABFRL revenue jumps 15.7% but loss widens; Pine Labs swings to profit in Q4 retail print

Aditya Birla Fashion posted Rs 1,990 cr revenue (+15.7%) yet net loss widened to Rs 148 cr. Pine Labs delivered Rs 701 cr revenue (+17%) with Rs 59.4 cr profit. Travel Food Services grew 25.7% to Rs 461 cr. Lemon Tree added a 66-room TN hotel; LG secured Rs 882 cr Maharashtra incentive.

— Source publishedTue, 26 May, 2026, 07:00 IST·First seen Tue, 26 May, 2026, 00:49 IST·Source NDTV Profit

What happened

Q4 earnings round-up with retail-relevant prints: Aditya Birla Fashion revenue up 15.7% but loss widens to Rs 148 cr; Pine Labs swings to profit; Travel Food

Key facts

  • ABFRL revenue Rs 1,990 cr +15.7%
  • ABFRL net loss Rs 148 cr
  • Pine Labs revenue Rs 701 cr +17%
  • Pine Labs net profit Rs 59.4 cr
  • Travel Food Services revenue Rs 461 cr +25.7%
  • LG Electronics Rs 882 cr Maharashtra incentive
  • Lemon Tree 66-room hotel TN
  • Brigade Rs 850 cr Hyderabad project

Why this matters

Divergent margin trajectories create asymmetric M&A optics: ABFRL's mounting losses may pressure portfolio rationalization, while Pine Labs' profitability swing and Lemon Tree's footprint expansion strengthen their hand for accretive bolt-ons.