Arvind Fashions Ltd (AFL) reported a 19.44% year-on-year increase in consolidated net profit to Rs 67.62 crore (approximately US $7.6 million) for the second quarter of FY27, compared with Rs 56.61 crore in the corresponding quarter last year.
Revenue from operations increased 9.96% to Rs 1,558.83 crore (approximately US $175.7 million) during the September quarter, against Rs 1,417.51 crore a year earlier.
Total expenses rose 9.77% to Rs 1,474.43 crore, while total income, including income from other sources, increased 9.4% to Rs 1,565.82 crore.
For the first half of FY27, the company’s consolidated total income grew 11.7% to Rs 2,851.33 crore (approximately US $321.4 million).
“The company delivered another quarter of profitable growth, with revenue increasing 10% and EBITDA rising 15.5%. Adjusting for the shift in the festive season and online tower events, underlying growth stood at 15%, in line with the company’s guidance,” said Managing Director and CEO Amisha Jain.
Arvind Fashions operates retail outlets for international and domestic brands, including US Polo Assn, Arrow, Tommy Hilfiger, Calvin Klein and Flying Machine.
Jain added that the company would remain watchful of external macroeconomic factors, including inflation, geopolitical developments, the potential El Niño effect and repo rate changes. She added that the company would focus on profitable growth, deeper consumer engagement, increasing the share of direct channels and improving operational efficiency.
