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Arvind Ltd Q4FY24; 47% rise in Profits

Arvind Limited (‘the Company’) is one of India’s leading vertically integrated textile company with the presence of almost eight decades in this industry. It is among the largest denim manufacturers in the world. It also manufactures a range of cotton shirting, denim, knits and bottom weights (Khakis) fabrics and Jeans and Shirts Garments.

Financial Results:

Arvind Ltd reported Revenues for Q4FY24 of ₹1,900.00 Crores up from ₹1,707.00 Crore year on year, a rise of 11.31%.

Total Expenses for Q4FY24 of ₹1,788.00 Crores up from ₹1,631.00 Crores year on year, a rise of 9.63%.

Consolidated Net Profit of ₹72.00 Crores up 46.94% from ₹49.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.75, up 47.06% from ₹1.87 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: textile
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