Arvind Q2 Revenue up by 14%

Arvind Ltd projected an upward trend in the quarter ending on
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Arvind Ltd projected an upward trend in the quarter ending on

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. "

 
 
 
 
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