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Arvind reports 36% rise in Q3 consolidated net profit

30 Jan 2014 Evaluate

Arvind has reported results for third quarter ended December 31, 2013.

The company has reported 42.55% rise in its net profit at Rs 93.87 crore for the quarter as compared to Rs 65.85 crore for the same quarter in the previous year. Total income from operations of the company has increased by 24.47% at Rs 1208.00 crore for quarter under review as compared to Rs 970.54 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 35.56% rise in its net profit at Rs 102.17 crore for the quarter ended December 31, 2013 as compared to Rs 75.37 crore for the same quarter in the previous year. Total income from operations of the group has increased by 26.27% at Rs 1774.28 crore for quarter under review as compared to Rs 1405.16 crore for the quarter ended December 31, 2012.

Peers
Company Name CMP
Vardhman Textiles 528.10
Welspun Living 226.65
Arvind 511.50
Raymond Lifestyle 574.80
K.P.R. Mill 1081.30
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