Arvind reports 24% rise in Q2 net profit

23 Oct 2012

Arvind has reported results for second quarter ended September 30, 2012. 

The company has posted a rise of 23.66% in its net profit at Rs 64.80 crore for the quarter as compared to Rs 52.40 crore for the same quarter in the previous year. Total income of the company has increased by 25.67% at Rs 959.05 crore for quarter under review as compared to Rs 763.16 crore for the quarter ended September 30, 2011.

Ahmadabad based Arvind is the flagship company of the Lalbhai group. The company is one of India's leading composite manufacturers of textiles and is also among the largest denim manufacturers in the world. It also manufactures a range of cotton shirting, denim, knits and bottom weights (Khakis) fabrics. Arvind also markets branded apparels.

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