Breaking News

You are here » Indian-Commodity  :  Top News  :  Arvind reports 16% fall in Q3 consolidated net profit

27-Jan2017

Arvind reports 16% fall in Q3 consolidated net profit

Arvind has reported results for third quarter ended December 31, 2016. 

The company has reported 19.14% fall in its net profit at Rs 71.65 crore for the quarter under review as compared to Rs 88.61 crore for the same quarter in the previous year. However, total income of the company increased by 9.31% at Rs 1480.66 crore for the quarter under review as compared to Rs 1354.52 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 16.41% fall in its net profit after tax, minority interest and share of profit of associates at Rs 75.62 crore for the quarter ended December 31, 2016, as compared to Rs 90.46 crore for the same quarter in the previous year. However, total income of the company increased by 14.32% to Rs 2346.37 crore for quarter under review from Rs 2052.43 crore for the quarter ended December 31, 2015.


Related News

View all news

Gold futures decline on firming dollar

Gold futures declined on MCX as traders await the minutes from the US Federal Reserve's latest policy meeting for fresh clues on the pace of interest rate hikes. Besides, a firming dollar against some......

Coriander futures edge higher on improved demand

Coriander futures edged higher on NCDEX as participants built up fresh positions on the back of improved demand at the spot market. Further, tight supplies from major producing regions also fuelled the......

Gold end higher on Tuesday

Gold futures ended higher on Tuesday amid weak dollar against basket of major currencies, ahead of the release of minutes of Federal Open Market Committee's September meeting. Gold futures for December......

Top News

View all news

Hero MotoCorp achieves best ever sales performance in Q2 FY19

Hero MotoCorp has achieved its best-ever sales performance for the second quarter of any financial year, selling 21,34,051 units of two-wheelers in Q2 FY19.For the period April-September 2018, Hero MotoCorp......

Mahindra CIE Automotive reports 74% rise in Q3 net profit

Mahindra CIE Automotive has reported results for third quarter ended September 30, 2018.The company has reported 73.80% rise in its net profit at Rs 42.58 crore for the quarter under review as compared......

Infosys crosses $2 billion large deal signings in Q2 FY19

Infosys has crossed $2 billion large deal signings in Q2 FY19. Besides, the company's digital revenues stood at $905 million in Q2 FY19 (31.0% of total revenues), year-on-year growth of 33.5% and sequential......