Arvind Q2 Revenue up by 14%

Arvind ltd leading integrated textile and branded apparel players has recorded strong growth upward trend in the consolidate revenue by 14% at Rs.1965 crores for the quarter ending  on  30th September 2014, as against Rs.1718 crores in the corresponding quarter of the previous year.

Besides, the consolidated EBlDTA is up by 8% at Rs. 242 crores as against Rs. 225 crores in the corresponding quarter of the previous year. However, the Profit after tax grew by 3% to Rs. 97 crores as compared to Rs. 94 crores in the corresponding quarter for the last year.

 Commenting on the results of the Company, Mr. Jayesh Shah, Director & Chief Financial Officer said: "The revenue growth of 14% is led by 29% growth in Brands &Retail business with growth of Textile business remaining muted. We are pleased to note that our all Brands as well as retails formats have achieved decent growth. "