Arvind Ltd. Posts Rs 71 Crore Net Profit For September Quarter

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Arvind Ltd has 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% 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% as against Rs 1,316.40 crore a year ago.

Its revenue from textiles was up 70.69% to Rs 1,726.49 crore as against Rs 1,011.43 crore a year ago.

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