Arvind

AAP may consider contesting couple of seats in Maharashtra: Goa chief

The Aam Aadmi Party (AAP) has said it may consider fighting the next month's Maharashtra assembly elections on a couple of seats. The Arvind Kejriwal-led AAP is part of the opposition's INDIA bloc. In Maharashtra, three constituents of the INDIA bloc - Shiv Sena (UBT), Congress and NCP (SP) - are fighting the elections under the banner of Maha Vikas Aghadi (MVA) against the ruling Mahayuti alliance. Addressing a press conference at Kudal in Maharashtra's coastal Sindhudurg district on Friday, AAP's Goa unit president Amit Palekar said his party is working on strengthening its base in the Konkan belt, particularly in Sindhudurg and Ratnagiri districts, and also in Kolhapur in western Maharashtra. The party has grown substantially in the Konkan belt, as the local population is looking at alternatives to BJP's Union minister Narayan Rane and his "politics of vendetta", he said. "The AAP stands strongly with the INDIA bloc allies for the November 20 Maharashtra elections but if politic

Arvind Fashions Q1 results: PAT at Rs 13.92 crore on strong revenue growth

Arvind Fashions Ltd on Thursday reported a consolidated net profit of Rs 13.92 crore in the first quarter ended June 2024, aided by a strong revenue growth. The company had posted a consolidated net loss of Rs 4.53 crore in the same quarter last fiscal, Arvind Fashions Ltd (AFL) said in a regulatory filing. Consolidated revenue from operations in the first quarter was at Rs 954.84 crore as against Rs 866.68 crore. Total expenses in the quarter were higher at Rs 938.7 crore as compared to Rs 862.22 crore, the company said. The strong Q1 results reflect an all-round financial performance under tough market conditions, said Shailesh Chaturvedi, MD & CEO of Arvind Fashions. "As the demand environment improves, with our investment behind all the growth levers including expansion of retail sq. ft., we remain excited about AFL's journey ahead," he added. In the previous year, Arvind Beauty Brands Retail Ltd (ABBRL) was acquired by Reliance Beauty & Personal Care Ltd and ceased to be

Arvind shares jump over 6%, hits record high after Q4 results

Arvind's topline grew 8.7 per cent year-on-year (Y-o-Y) to Rs 2,074.5 crore in Q4FY24, compared to Rs 1,880.7 crore in the corresponding period of the previous fiscal year

UP Chief Secy inspects offices, orders action against 17 lax

UP Chief Secy inspects offices, orders action against 17 lax

Arvind frames expansion plans, announces 16-mn garment facility in Ranchi

The announcement is part of Arvind's plans to set up large garmenting hubs in Gujarat, Jharkhand, and Andhra Pradesh, with each of the clusters employing nearly 10,000 workers

Arvind to pivot away from yarns biz to ready-made garment segment

As garment manufacturers move out of China, the world's fourth largest manufacturer and exporter of denims sees an opportunity to boost growth down the line

Arvind to demerge and list branded apparel, engineering divisions

Textile and apparel company Arvind said it would demerge its branded apparel and engineering business from the parent company and list these separately on the exchanges. The branded apparel business will be demerged into Arvind Fashions. The company has brands US Polo, Arrow, Flying Machine, Tommy Hilfiger, GAP and more. Arvind said its shareholders would get one equity share of Arvind Fashions for every five they hold. Arvind Fashions' annual revenue is now Rs 2,900 crore and growing at 25 per cent. The aim is revenue of Rs 9,000 crore by 2022, said Kulin Lalbhai, executive director.The other demerger would be into an entity named Anup Engineering. Arvind shareholders will get one quity share of Anup for every 27 shares held by them in the parent company. "The demerger frees our resources and allows us to renew the focus on our textile business. Over the next three to four years, we will invest Rs 1,500 crore and transform the textile business. We will do this by focusing on three ...

Arvind falls 11% on disappointing September quarter results

The stock dipped 11% to Rs 406 on the BSE after the company reported 9% declined in Ebitda at Rs 212 crore in September quarter

We ensure that every business grows at its logical pace: Sanjay Lalbhai

Arvind group is looking to build on its newer businesses such as advanced materials division