Arvind gains on resumption of operations at its Ankur facility

10 Mar 2022 , 01:27 PM

Arvinds revenue and EBIDTA reduced by approximately Rs 40 crore and Rs 10 crore respectively (most of which was during January & February 2022). Ankur unit contributed 5% of the consolidated revenue and 6% of the consolidated EBIDTA of the company for financial year ending 30 March 2021.

The net profit of Arvind Fashions reported was at Rs 6.31 crore in the quarter ended December 2021 as against net loss of Rs 68 crore during the previous quarter ended December 2020. The sales rose 30.36% to Rs 1,007.99 crore in the quarter ended December 2021 as against Rs 773.25 crore during the previous quarter ended December 2020.

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

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