Q4FY26 retail scorecard: ABFRL loss widens, Pine Labs profitable, Awfis doubles earnings

ABFRL posts Rs 164 cr loss on 16% revenue growth to Rs 1,990 cr. Pine Labs swings to Rs 59 cr profit on 17% sales rise. Awfis profit doubles to Rs 23 cr; Travel Food Services revenue up 26%. Raymond raises Rs 331 cr via promoter warrants; Lemon Tree adds Kumbakonam property.

— Source publishedTue, 26 May, 2026, 07:19 IST·First seen Tue, 26 May, 2026, 07:28 IST·Source Business Today · Latest

What happened

Aditya Birla Fashion and Retail (ABFRL) · Q4FY26 retail roundup: ABFRL losses widen despite 16% revenue growth; Pine Labs returns to profit; Awfis profit

Key facts

  • ABFRL net loss Rs 163.81 cr, revenue Rs 1,990.13 cr (+15.74% YoY)
  • Pine Labs net profit Rs 59.36 cr, revenue Rs 700.52 cr (+17%)
  • Awfis net profit Rs 23.2 cr (+105%), revenue Rs 410.1 cr (+20.8%)
  • Raymond preferential warrants Rs 330.88 cr at Rs 497
  • Travel Food Services net profit Rs 122.6 cr (+15.1%), revenue Rs 460.7 cr (+25.7%)
  • Paytm Europe investment EUR 9 mn

Why this matters

Raymond's Rs 331 cr promoter warrant raise and Lemon Tree's Kumbakonam addition signal that well-capitalized players are pressing on inorganic expansion while stretched balance sheets like ABFRL's may surface as partnership or carve-out targets.