Arvind Limited 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 Q1FY24 of ₹1,853.00 Crores down from ₹2,352.00 Crore year on year, a fall of 21.22%.
Total Expenses for Q1FY24 of ₹1,775.00 Crores down from ₹2,234.00 Crores year on year, a fall of 20.55%.
Consolidated Net Profit of ₹70.00 Crores down 31.37% from ₹102.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹2.52, down 33.16% from ₹3.77 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.
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