Aditya Birla Fashion and Retail (ABFRL), formerly known as Pantaloons Fashion, today reported a standalone net loss of Rs 10 crore for the September quarter.

It had reported net profit of Rs 65 crore in the July-September quarter of the last financial year, the company said in a BSE filing.

ABFRL’s total income stood at Rs 1,811 crore during the quarter under review, down marginally, as against Rs 1,893 crore reported in the year-ago period.

The company said the second quarter has been impacted by GST roll-out, transition issues and a steep fall in consumer sentiment in July, immediately post GST.

“Early end of season sale (EOSS) in June due to GST roll-out led to a shift of a part of second quarter sales to first quarter,” it added.

ABFRL’s stock closed 1.08 per cent higher at Rs 149.95 apiece on BSE in the afternoon trade.

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