Aditya Birla Fashion and Retail Limited (ABFRL) reported strong operating performance for Q1 FY26, with EBITDA rising 38% year-on-year to Rs 169 crore on revenue of Rs 1,831 crore, up 9% from the same quarter last year. Net loss narrowed slightly to Rs 234 crore from Rs 238 crore in Q1 FY25.
Fashor, an ethnic wear brand, has secured US$ 5 million in a funding round led by Blume Ventures. The investment, comprising both primary and secondary transactions, will be directed towards expanding the brand’s omni-channel presence, enhancing its supply chain and bolstering its overall brand development. Founded by Vikram and Priyanka Kankaria, Fashor’s products













