For the first quarter of financial year 2017 Arvind’s revenue has increased by 17.76 per cent as compared to same period in the previous financial year. EBITDA too has risen by 16.35 per cent on a yearly basis. EBITDA margin contracted by 12 basis points to 11.5 per cent in the first quarter of financial year 2017 as compared to the same period in the previous financial year. Net profit has gone up by 87.86 per cent as compared to the same period in the previous fiscal. Arvind’s net profit margins expanded 132 basis points to 5.37 per cent on a yearly basis.
On segmental revenue front, Arvind earned 67.15 per cent from textiles, 26.05 per cent from branded apparels, 0.08 per cent from the internet and the remaining 6.72 per cent from others.
Arvind is a vertically integrated textile company. The company manufactures cotton shirtings, denim, knits and bottom weight fabrics, and jeans and shirting garments. Its portfolio includes international brands like Arrow, US Polo, Izod, Elle and Cherokee. Arvind also operates a chain of apparel value retail stores, called Mega Mart. It also operates specialty retail stores under licensing arrangements with international brands Debenhams and Next.
