Arvind’s real estate division with the Tata Housing Development Co, India’s fastest growing pan India real estate developer with a presence across the consumer pyramid has forayed into the Gujarat market with the launch of Shubh Griha, Tata Housing’s iconic value housing pan India brand in Ahmedabad.
The company will develop the project under the banner of Arvind and Smart Value Homes, a special purpose vehicle (SPV) created to develop a mega integrated sustainable green township spread across 135 acres.
Arvind has posted a jump of 409.76% in its consolidated net profit of Rs 242.95 crore for the third quarter ended December 31, 2011, on robust growth in branded apparel and retail business segments. The company had posted a net profit of Rs 47.66 crore in the corresponding period of previous fiscal.
Company Name | CMP |
---|---|
PDS | 439.55 |
Vardhman Textiles | 450.80 |
Arvind | 359.00 |
Welspun Living | 139.90 |
Alok Inds | 26.20 |
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