Hot Pursuit     27-Oct-21
Arvind records PAT of Rs 71 crore in Q2 FY22
Arvind reported a consolidated net profit of Rs 71.06 crore in Q2 FY22 as against a net loss of Rs 5.86 crore in Q2 FY21.

Revenue from operations rose by 62.1% YoY to Rs 2,115.14 crore during the quarter.

On the segmental front, revenue from Textiles was Rs 1,726.49 crore (up 70.7% YoY), Advanced Material revenue from Rs 298.28 crore (up 60.5% YoY) and other revenue was Rs 103.45 crore (down 9% YoY) during the period under review.

Arvind said that volumes grew across all segments as post-COVID demand stayed strong in both export and domestic markets. Input costs continued to increase sharply, but were mostly offset by improved price realization and higher efficiencies.

The company reported a pre-tax profit of Rs 116.14 crore in Q2 FY22 as compared with a pre-tax loss of Rs 19.80 crore in Q2 FY21.

Arvind is one of the largest textile companies in India. The company is end-to-end supply chain partner to the world's leading fashion brands.

The scrip slumped 5.62% to currently trade at Rs 129.25 on the BSE.

Previous News
  Arvind consolidated net profit declines 10.73% in the December 2019 quarter
 ( Results - Announcements 31-Jan-20   14:17 )
  Arvind to pay dividend
 ( Market Beat - Reports 07-Jul-23   19:02 )
  Arvind standalone net profit declines 30.44% in the June 2015 quarter
 ( Results - Announcements 06-Aug-15   16:09 )
  Arvind to conduct board meeting
 ( Corporate News - 25-Oct-23   16:40 )
  Arvind consolidated net profit declines 9.32% in the December 2022 quarter
 ( Results - Announcements 25-Jan-23   12:34 )
  Arvind AGM scheduled
 ( Corporate News - 11-Jul-19   09:47 )
  Arvind to hold board meeting
 ( Corporate News - 29-Jul-19   09:56 )
  Arvind consolidated net profit declines 35.87% in the June 2015 quarter
 ( Results - Announcements 06-Aug-15   16:04 )
  Arvind to hold board meeting
 ( Corporate News - 18-May-21   14:42 )
  Board of Arvind approves change in CFO
 ( Corporate News - 25-Jan-23   12:21 )
  Arvind allots 13 lakh equity shares under ESOS
 ( Corporate News - 12-Oct-21   13:30 )
Other Stories
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
  Power Grid Corporation of India Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top