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
Boeing appoints Barun as head of FP&A for global engineering function
Seasoned finance leader to steer budgets and strategy across global centres
BENGALURU: Boeing’s finance cockpit has a new pilot, and he is no stranger to turbulence or transformation. Boeing has appointed Barun as head of FP&A for global engineering, placing him at the centre of financial strategy for its worldwide engineering and technology operations.
Based in Bengaluru, Barun steps into a role that is as expansive as it is critical. He will serve as the primary finance lead for Boeing’s Engineering and Technology Centers globally, working closely with executive leadership to shape financial decisions, manage complex budgets, and design scalable finance processes that support the company’s growing engineering footprint.
In a note announcing his move Barun said, “I’m excited to share that I’ve joined Boeing Global Engineering. This opportunity is incredibly meaningful to me not just from a professional standpoint, but also for what Boeing represents globally.” He added that he looks forward to contributing to an organisation that continues to shape the future of aerospace and innovation.
Barun’s mandate spans strategic financial leadership, operational oversight, and stakeholder engagement. From directing large-scale budgets and schedules to influencing long-term organisational goals, the role blends financial discipline with business foresight. He will also lead cross-functional teams and partner with finance colleagues worldwide to support engineering programmes across geographies, including India.
The appointment caps a long stint at Juniper Networks, where Barun spent over a decade, most recently as finance senior manager. There, he led FP&A for global product business units and G&A functions, driving budgeting, forecasting, and long-range planning. He also played a key role in enterprise-wide transformation, including spearheading an Oracle to SAP ERP migration and building advanced analytics capabilities using tools such as Tableau and SAP Analytics Cloud.
His earlier career includes finance leadership roles at Sony India Software Centre, Cognizant Technology Solutions, and Mphasis, where he focused on financial planning, governance frameworks, and operational efficiency across global delivery centres.
A chartered accountant from the Institute of Chartered Accountants of India, Barun brings nearly two decades of experience across financial planning, digital transformation, and analytics-led decision making.
His appointment comes at a time when global engineering operations are becoming increasingly complex and distributed, requiring sharper financial oversight and agile planning. With Barun at the helm of FP&A for engineering, Boeing appears to be tightening its financial playbook as it looks to scale innovation with discipline.
