Hello
The company posted a consolidated net loss of 1.87 billion rupees ($22.9 million) for the fourth quarter ended March 31, from a profit of 435.9 million rupees a year ago.
Shares of ABFRL jumped 4.6% to 279 rupees after the announcement.
The partnership aims to build a Rs 500 crore business in the next five years with more than 250 stores across the country.
Finesse is primarily engaged in bespoke occasion and ceremonial contemporary apparel for men and women.