Arvind Q3 revenue up by 15%
Arvind Q3 revenue up by 15%
Arvind limited, one of the largest integrated textile and branded apparel player has announced its result for the third quarter ended Dec 31, 2016. The consolidated revenue for the quarter at Rs. 2335 crores, grew by 15% as against Rs.2034 crores in the corresponding quarter to the previous year.  
 
Consolidated EBIDTA was lower by 8% at Rs. 236 crores as against Rs. 257 crores in the corresponding quarter of the previous year. Profit after tax before exceptional item was lower by 15% to Rs 78 crores as compared to Rs. 90 crore in the corresponding quarter for the last year. Profit after tax after exceptional items, which consisted of retrenchment compensation, was Rs. 76 crore as compared to Rs.90 crore in the corresponding quarter of previous year. 
 
Arvind lifestyle shares rich portfolio of premium brands including GAP, Aeropostale, The Children’s Place, GANT amongst others 
 
 
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