Using on progress in garmenting and material divisions, Ahmedabad-based Arvind Ltd, a number one textile and attire firm, reported a 13 per cent progress in revenue after tax (PAT) for the third quarter of monetary 12 months 2024-25. That is the very best PAT for the corporate within the final 10 quarters.
Whereas the earnings grew to ₹103 crore for the quarter ending December 31, 2024, the corporate stated the expansion in gross sales in the course of the pageant season, noticed revenues rise by 11 % to ₹2,089 crore for a similar interval. Vacation and wedding ceremony season unfold throughout November-December months helped the corporate clock greater revenues.
“Whereas the corporate recovered totally from challenges confronted in quarter one and two and made vital progress on its progress journey, it nonetheless confronted muted progress on the superior supplies division (AMD), whereas different business-like garmenting registered a 21 per cent quantity progress. Quantity beneficial properties have been reported throughout all segments, together with material, garmenting, and AMD, supported by secure uncooked materials prices and a beneficial product combine,” the corporate acknowledged in a launch.
Woven material
Woven material, which is operating at 100-plus utilisation, achieved a quantity of 35 million metres, a progress of seven per cent on a year-on-year foundation. That is the very best quantity prior to now three years, the corporate added.
Regardless of a weak season for Denim merchandise, Denim material quantity registered a progress of 19 per cent on a y-o-y foundation, whereas the garmenting division achieved a full garment quantity of 9.3 million items which is a progress of 21 per cent on a y-o-y foundation. Arvind stated that its capex programmes for FY25 have been in full steam and is predicted to the touch ₹400-₹450 crore.
