Arvind reports 33% rise in Q1 consolidated net profit

Arvind has reported results for the first quarter ended June 30, 2016.

The company has reported 11.32% rise in its net profit at Rs 87.45 crore for the quarter ended June 30, 2016 as compared to Rs 78.56 crore for the same quarter in the previous year. The company’s total income increased by 12.13% to Rs 1489.47 crore for the quarter under review from Rs 1328.29 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 32.92% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 73.36 crore for the quarter ended June 30, 2016 as compared to Rs 55.19 crore for the same quarter in the previous year. Total Income of the company increased by 17.08% to Rs 2123.74 crore for the quarter under review from Rs 1813.85 crore for the same quarter ended June 30, 2015.