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Arvind Q3 net sales, profits drop compared to Q2

Arvind reported net sales of Rs 1706.87 crores for the December quarter as compared to Rs 1815.11 crores during the September quarter. Net profit was Rs 40.43 crores as against Rs 61.48 crores for the September quarter.

During the year, net sales were Rs 1706.87 crores as compared to Rs 1704.67 crores last year. Net profit was Rs 40.43 crores for the year as against Rs 79.08 crores last year.

Net sales for the nine month period were Rs 5346.89 crores as compared to Rs 5004.68 crores during the nine month period last year. Net profit for the nine month period was Rs 161.70 crores as against a net profit of Rs 200.34 crores for the nine month period last year. EPS for the nine month period was Rs 6.27 as compared to EPS of Rs 7.74 for the nine month period last year.

Arvind is in the process of ramping up textile production across its manufacturing units as it plans to double textile business in the next five years.

 

 
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