Business Standard

Arvind Ltd

Arvind share price jumps 3% after workers call off strike at Santej plant

The uptick in share price came after the company announced that the strike at Santej plant by workers demanding wage hike has been called off

Arvind share price jumps 3% after workers call off strike at Santej plant
Updated On : 13 Jun 2024 | 11:56 AM IST

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

Arvind shares jump over 6%, hits record high after Q4 results
Updated On : 07 May 2024 | 1:53 PM IST

Arvind Ltd Q4 result: Profit rises by 7.32% as demand remains steady

Consolidated revenue from operations in FY24 stood at Rs 7,737.75 crore as against Rs 8,382.48 crore in FY23

Arvind Ltd Q4 result: Profit rises by 7.32% as demand remains steady
Updated On : 06 May 2024 | 2:06 PM IST

Arvind Q3 results: Revenue falls 4.6% to Rs 1,880 cr on tepid denim demand

Revenue from the company's textile segment, which accounts for nearly 75% of total sales, dropped 8%

Arvind Q3 results: Revenue falls 4.6% to Rs 1,880 cr on tepid denim demand
Updated On : 30 Jan 2024 | 7:27 PM IST

Arvind Ltd signs MoU with Indian Navy to supply advanced uniform fabric

A memorandum of understanding (MoU) was signed between the Indian Navy and textile and apparel company Arvind Limited for the supply of technically advanced uniform fabric for the Navy

Arvind Ltd signs MoU with Indian Navy to supply advanced uniform fabric
Updated On : 12 Jan 2024 | 9:43 AM IST

High cotton prices, dull demand to keep textile stocks in check: Analysts

With cotton prices at home on the higher end versus global markets, analysts believe that the disparity is affecting India's global competitiveness in the near-term

High cotton prices, dull demand to keep textile stocks in check: Analysts
Updated On : 28 Jul 2023 | 10:17 PM IST

Arvind rallies 5%, hits 52-week high in subdued market on improved outlook

Arvind expects garment volumes to start improving in the second half of the year despite the soft economic outlook globally as customers become comfortable with the economic outlook and resume buying

Arvind rallies 5%, hits 52-week high in subdued market on improved outlook
Updated On : 22 Jun 2023 | 1:56 PM IST

Textile maker Arvind reports revenue drop of 14% in March quarter

The Ahmedabad-based company's net profit rose 17% to 970 million rupees, aided by a sharp drop in expenses

Textile maker Arvind reports revenue drop of 14% in March quarter
Updated On : 18 May 2023 | 5:38 PM IST

Softening cotton prices turning tides in favor of textile players: Analysts

Increased capacity utilisation, softening cotton prices set to help sector: Analysts

Softening cotton prices turning tides in favor of textile players: Analysts
Updated On : 03 Mar 2023 | 10:34 PM IST

Textile maker Arvind Ltd profit declines 11.62% to Rs 87 cr in Oct-Dec

Textile manufacturer Arvind Ltd on Wednesday reported an 11.62 per cent decline in consolidated net profit from continuing operations to Rs 87 crore in the third quarter ended December 31, 2022. The company had posted a consolidated net profit from continuing operations of Rs 98.44 crore in the same period last fiscal, Arvind Ltd said in a regulatory filing. Revenue from operations during the quarter under review were at Rs 1,979.79 crore as against Rs 2,270.07 crore in the year-ago period, it added. Total expenses were lower at Rs 1,899.7 crore as compared to Rs 2,134.54 crore in the same period last fiscal, the company said. In July 2022, Arvind Ltd said the parent company sold its 100 per cent stake of wholly owned subsidiary, Arvind Internet Ltd to Bigfoot Retail Solutions Pvt Ltd for a consideration of Rs 159 crore and accordingly, the group has considered its wholly owned subsidiary Arvind Internet Ltd as discontinued operations. Overall textile revenues were lower as volume

Textile maker Arvind Ltd profit declines 11.62% to Rs 87 cr in Oct-Dec
Updated On : 25 Jan 2023 | 2:32 PM IST

India at 75: Munjals to Mahindras - 20 visionary industrialists of India

In the decades since Independence, the enterprises steered by these business leaders have morphed into giants. Here's a look at 20 visionary industrialists of India

India at 75: Munjals to Mahindras - 20 visionary industrialists of India
Updated On : 12 Aug 2022 | 11:50 AM IST

Stocks to Watch: ITC, Zomato, Eicher Motors, Hero Moto, Voltas, Telcos

Stocks to Watch today: Cigarettes-to-hotels major ITC on Monday reported a 33.98 per cent year-on-year (YoY) jump in its consolidated net profit, which came in at Rs 4,389.76 crore

Stocks to Watch: ITC, Zomato, Eicher Motors, Hero Moto, Voltas, Telcos
Updated On : 02 Aug 2022 | 7:51 AM IST

Arvind Ltd posts Rs 101.62 cr profit for April-June; net sales up 64%

Shares of Arvind Ltd were trading at Rs 100 on BSE, up 8.28 per cent from the previous close

Arvind Ltd posts Rs 101.62 cr profit for April-June; net sales up 64%
Updated On : 02 Aug 2022 | 1:12 AM IST

Volume, export growth help Arvind Ltd post Rs 71 crore Q2 PAT

Firm had posted a loss of nearly Rs 6 cr in the year-ago quarter

Volume, export growth help Arvind Ltd post Rs 71 crore Q2 PAT
Updated On : 27 Oct 2021 | 3:32 PM IST

Textile maker Arvind posts Rs 71 crore net profit for September quarter

Leading textile manufacturer Arvind Ltd on Wednesday reported a consolidated net profit of Rs 71.06 crore for the second quarter ended September 2021, helped by volume growth across segments. The company had posted a net loss of Rs 5.86 crore during the corresponding quarter of the previous financial year, Arvind said in a regulatory filing. Its revenue from operations during July-September 2021 stood at Rs 2,115.14 crore, a jump of 62.05 per cent as against Rs 1,305.17 crore in the year-ago period. Arvind's total expenses were at Rs 2,016.71 crore, an increase of 53.19 per cent as against Rs 1,316.40 crore a year ago. "Volumes grew across all segments as post-COVID-19 demand stayed strong in both export and domestic markets. Input costs continued to increase sharply but were mostly offset by improved price realisation and higher efficiencies," said Arvind Ltd in a post-earnings statement. Its revenue from textiles was up 70.69 per cent to Rs 1,726.49 crore as against Rs 1,011.43

Textile maker Arvind posts Rs 71 crore net profit for September quarter
Updated On : 27 Oct 2021 | 3:08 PM IST

Arvind Ltd's Q1 loss narrows to Rs 11 cr from nearly Rs 100 cr a year ago

Better show on account of growth in exports and signs of recovery in domestic markets

Arvind Ltd's Q1 loss narrows to Rs 11 cr from nearly Rs 100 cr a year ago
Updated On : 05 Aug 2021 | 2:12 PM IST

Arvind Ltd Q3 net down 30% to Rs 25 cr, textile business rebounds

Consolidated revenue from operations dips 19% to Rs 1,514 crore

Arvind Ltd Q3 net down 30% to Rs 25 cr, textile business rebounds
Updated On : 04 Feb 2021 | 5:04 PM IST

Arvind reports Q2 net loss of Rs 5.86 crore over Covid-19 impact

Textile major Arvind Ltd on Thursday reported a consolidated net loss of Rs 5.86 crore for the quarter ended on September 30, 2020, impacted by the Covid-19 pandemic

Arvind reports Q2 net loss of Rs 5.86 crore over Covid-19 impact
Updated On : 29 Oct 2020 | 4:00 PM IST

Lockdown-hit Arvind Ltd posts Q1 consolidated loss before tax of Rs 156 cr

Consolidated income during the quarter fell by nearly 69 per cent to Rs 603.22 crore from Rs 1,917.21 crore in Q1 of FY20

Lockdown-hit Arvind Ltd posts Q1 consolidated loss before tax of Rs 156 cr
Updated On : 31 Aug 2020 | 8:28 PM IST

Covid-19 pandemic disrupts Arvind Ltd's Rs 440 cr cost-cutting plan

Company expects a sharp fall in demand for its products and sagging sales in the first quarter of the current fiscal

Covid-19 pandemic disrupts Arvind Ltd's Rs 440 cr cost-cutting plan
Updated On : 17 Jul 2020 | 11:37 PM IST