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Arvind surges on reporting 39% surge in Q2 consolidated net profit

25 Oct 2013

Arvind is currently trading at Rs. 102.60, up by 1.15 points or 1.13% from its previous closing of Rs. 101.45 on the BSE.

The scrip opened at Rs. 101.75 and has touched a high and low of Rs. 103.25 and Rs. 101.10 respectively. So far 107165 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 107.50 on 16-Jan-2013 and a 52 week low of Rs. 65.00 on 08-Aug-2013.

Last one week high and low of the scrip stood at Rs. 105.45 and Rs. 99.50 respectively. The current market cap of the company is Rs. 2642.36 crore.

The promoters holding in the company stood at 43.95% while Institutions and Non-Institutions held 35.13% and 20.75% respectively.

Arvind has reported results for second quarter ended September 30, 2013.

The company has reported a rise of 43.95% in its net profit at Rs 93.28 crore for the quarter as compared to Rs 64.80 crore for the same quarter in the previous year. Total income from operation of the company has increased by 24.38% at Rs 1192.89 crore for quarter under review as compared to Rs 959.05 crore for the quarter ended September 30, 2012.

On the consolidated basis, the group has registered a growth of 39.01% in net profit at Rs 90.05 crore as compared to Rs 64.78 crore in the same quarter previous year. Total income from operation of the company rose 29.71% to Rs 1718.23 crore for quarter under review as against Rs 1324.62 crore in corresponding quarter previous year.


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SEBI Registered: Investment Adviser - INA000013323