Arvind Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- Arvind Ltd reported a 4.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 10.7%.
- Its expenses for the quarter were down by 5.4% QoQ and up 9.9% YoY.
- The net profit increased 69.3% QoQ and increased 12.6% YoY.
- The earnings per share (EPS) of Arvind Ltd stood at 4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2099.77 | 2200.18 | 1897.65 | -4.6% | 10.7% |
Total Expenses | 1953.55 | 2065.57 | 1777.31 | -5.4% | 9.9% |
Profit Before Tax | 146.22 | 134.61 | 120.50 | 8.6% | 21.3% |
Tax | 39.21 | 71.98 | 25.65 | -45.5% | 52.9% |
Profit After Tax | 106.24 | 62.77 | 94.32 | 69.3% | 12.6% |
Earnings Per Share | 4.00 | 2.30 | 3.50 | 73.9% | 14.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Arvind Ltd is a renowned company in the textiles and apparel industry, primarily engaged in the manufacturing of fabrics and garments. The company has a significant presence in both domestic and international markets, offering a wide range of products including denim, shirting, and knits. Arvind Ltd is also involved in the branded apparel sector and has expanded its portfolio through strategic partnerships with global brands. The company is known for its innovation in textile technology and sustainability efforts. Recent developments include a focus on strengthening its retail and omni-channel presence, as well as expanding its product offerings to cater to changing consumer preferences. However, specific details about the latest developments are not available in the provided data.
Revenue
During the third quarter of fiscal year 2025 (Q3FY25), Arvind Ltd reported a total income of ₹2099.77 crores. This represents a decrease of 4.6% compared to the previous quarter (Q2FY25), where total income was ₹2200.18 crores. However, on a year-over-year basis, there was an increase of 10.7% from ₹1897.65 crores in Q3FY24. These figures indicate that while there was a slight decline in revenue relative to the previous quarter, the company experienced significant growth compared to the same quarter in the previous year. The data suggests fluctuations in revenue, which may be attributed to various seasonal or market factors affecting the company's operations.
Profitability
Arvind Ltd's profitability metrics for Q3FY25 show a notable improvement from both the previous quarter and the same quarter last year. The profit before tax (PBT) stood at ₹146.22 crores, marking an 8.6% increase from Q2FY25, where PBT was ₹134.61 crores. On a year-over-year basis, there was a 21.3% increase from ₹120.50 crores in Q3FY24. The profit after tax (PAT) for Q3FY25 was ₹106.24 crores, which is a substantial 69.3% increase from the previous quarter's ₹62.77 crores and a 12.6% rise from ₹94.32 crores in Q3FY24. These metrics highlight the company's enhanced profitability in the current quarter. The earnings per share (EPS) also increased to ₹4.00 in Q3FY25, compared to ₹2.30 in Q2FY25 and ₹3.50 in Q3FY24, reflecting a 73.9% quarter-on-quarter growth and a 14.3% year-over-year growth.
Operating Metrics
The operating metrics for Arvind Ltd in Q3FY25 demonstrate a reduction in total expenses, amounting to ₹1953.55 crores, which is a 5.4% decrease from ₹2065.57 crores in Q2FY25. This reduction in expenses aligns with the decrease in total income for the same period. On a year-over-year basis, total expenses increased by 9.9% from ₹1777.31 crores in Q3FY24. The tax expense for Q3FY25 was ₹39.21 crores, which decreased significantly by 45.5% from ₹71.98 crores in Q2FY25, but increased by 52.9% from ₹25.65 crores in Q3FY24. The decrease in tax expenses from the previous quarter may have contributed positively to the net profitability. These operating metrics provide insights into the company's cost management and its impact on profitability during the quarter.
