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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.


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