Arvind Limited, one of the top Indian textile companies, achieved a 12.7 per cent rise in its consolidated net profit as it was Rs. 97.3 crore during the Q4 FY ’23.
In the same quarter, the company’s revenue from operations was down by 14.4 per cent to Rs. 1,880.7 crore, as compared to Rs. 2,187 crore in the corresponding quarter of the previous financial year (FY ’22).
In Q4 FY ’23 Arvind Limited’s revenue from textiles was at Rs. 1,430.98 crore and Rs. 319.71 crore from its advanced materials business (AMD).
As per the company for FY ’23 total revenues were up 5 per cent to Rs. 8382 crores and Textiles was up 2 per cent and AMD revenues were up 22 per cent
In the textile segment, woven volumes grew while denim and garment volumes remained soft. Price realisation increased during the initial part of the year, peaked in Q2 and started declining in tandem with a pattern of cotton and other input raw material prices.
Interestingly for FY ’23, the company’s net profit was at Rs. 413.17 crore which is up 71 per cent against Rs. 241.58 crore in the previous financial year.
The company closed the financial year at a net debt of Rs. 1,327 crore, which was Rs. 356 crore lower than March 2022 levels while long-term debt reduced by Rs. 304 crore over this period.
Arvind Limited is one of the largest textile companies in India with revenues exceeding US $ 1 billion. It is an end-to-end supply chain partner to the world’s leading fashion brands, and its AMD makes a variety of technical textile products.
Bharat Tex Special Report 2026 
