Arvind has fully resumed operations at Ankur unit. In November last year, the firm's effluent discharge connection of its Ankur unit in Ahmedabad was disconnected following a Gujarat High Court order. As a result, it's revenue and EBITDA have reduced by approximately Rs 40 crore and Rs 10 crore respectively. The unit had contributed 5 percent of the consolidated revenue and 6 percent of the consolidated EBITDA of the company for FY21.
Arvind is India’s largest integrated textile player and is one of the oldest and most respected groups in the Textile Business in India. The company is also one of the largest producers of denim fabrics and is supplier to a large number of fashion brands in the world.
