Arvind reports marginal rise in Q2 consolidated net profit

25 Oct 2016 Evaluate

Arvind has reported results for second quarter ended September 30, 2016.

The company has reported 12.48% fall in its net profit at Rs 67.27 crore for the quarter under review as compared to Rs 76.86 crore for the same quarter in the previous year. However, total income of the company increased by 11.89% at Rs 1515.63 crore for Q2FY17 as compared Rs 1354.52 crore for the corresponding quarter previous year. 

On the consolidated basis, the company has reported 1.47% rise in its net profit after taxes, Minority Interest & Share of Profit / (Loss) of Associates at Rs 71.70 crore for the quarter ended September 30, 2016 as compared to Rs 70.66 crore for the same quarter in the previous year. The total income of the company increased by 19.05% at Rs 2353.22 crore for quarter under review as compared to Rs 1976.70 crore for the quarter ended September 30, 2015.

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