Brands
Aditya Birla Lifestyle Brands reports strong Q3 revenue and profit
MUMBAI: Aditya Birla Lifestyle Brands Limited (ABLBL) has proven it has the right material for the market, reporting a stylish uptick in its financial performance for the third quarter ended 31 December 2025.
Following a board meeting held on 2 February 2026, the fashion powerhouse revealed a significant boost in both revenue and profit, signaling that its recent transition to a standalone listed entity is paying off. The company’s standalone revenue from operations climbed to Rs 2,341.48 crore for the December quarter, a healthy increase from the Rs 2,130.32 crore reported in the same period the previous year, proving that its portfolio of branded apparel remains firmly in vogue with Indian consumers.
The consolidated bottom line also showed impressive tailoring, with the Group, which includes Aditya Birla Garments Limited and a controlled employee welfare trust, reporting a net profit after tax of Rs 69.01 crore. This performance is particularly noteworthy given the broader economic landscape and reflects a strong recovery from previous restructuring phases. The company’s ability to maintain a steady interest service coverage ratio of 3.61 highlights a comfortable cushion in managing its financial obligations, while the earnings per share for the quarter stood at a solid Rs 0.57 on a consolidated basis.
However, the balance sheet did require a minor technical alteration during this period. The company recorded an exceptional item of approximately Rs 41 crore related to the Government of India’s new Labour Code. This one-time cost, arising from revised definitions of wages impacting gratuity and compensated absences, was a necessary adjustment to align with new statutory requirements. Despite this deduction, the company’s “operating fabric” remained strong, with profit before tax and exceptional items showing a significant jump compared to the preceding quarter, indicating improved operational efficiencies and better margin management.
Looking toward future growth and capital structure, the Board of Directors has approved a fresh infusion of funds through the issuance of Non-Convertible Debentures (NCDs) not exceeding Rs 500 crore via private placement. This move suggests that the company is preparing to weave more expansion plans into its strategy, likely focusing on strengthening its retail footprint and digital presence.
With the demerger from Aditya Birla Fashion and Retail now fully executed and the company finding its footing on the stock exchanges, ABLBL appears well-positioned to maintain its status as a heavyweight in the premium lifestyle segment.
Brands
Devyani International names Sandeep Anand, Robinder Singh in key roles
Pizza Hut and Costa Coffee businesses see leadership refresh from April
MUMBAI: Devyani International has strengthened its senior leadership bench with a fresh set of appointments across its key brands, Pizza Hut and Costa Coffee, signalling a sharper focus on growth and brand momentum.
The company has appointed Sandeep Anand as chief marketing officer and business head for Pizza Hut. His appointment, approved by the board via a circular resolution on April 3, follows a recommendation by the Nomination and Remuneration Committee, as reported by CNBC-TV18. Anand will officially step into the role on April 6, 2026.
He takes over from Vijay Gogate, who currently serves as chief executive officer for Pizza Hut within the company’s operations. The move marks a strategic transition as the brand looks to sharpen its marketing and business playbook in a competitive quick service restaurant market.
Anand brings over two decades of experience across the food and FMCG sectors, with a strong track record in brand building and innovation. His career spans roles at major consumer-facing companies including Domino’s, Zydus Wellness, Zomato, GSK Consumer Healthcare, Reckitt and Ranbaxy, giving him a well-rounded perspective on both scale and agility.
Alongside this, Robinder Singh has been appointed business head for Costa Coffee and the company’s airport operations. He too will assume his new role on April 6, bringing more than 18 years of experience in operations, business expansion and customer experience transformation.
The twin appointments come at a time when Devyani International is doubling down on leadership depth to steer its portfolio through evolving consumer preferences and heightened competition. With fresh faces at the helm of two key verticals, the company appears set to brew up its next phase of growth with renewed energy.
