Arvind Fashions Ltd Q2 net profit jumps 37 percent to Rs 30 crore

Arvind Fashions Limited (AFL), a leading fashion retailer reported a 37 percent increase in net profit to Rs 30 crore ($3.6 million) for the third quarter ended September 30, as against Rs 22 crore in the year-ago quarter.

The company’s revenue for the quarter rose by 9 percent to Rs 1,273 crore, as against Rs 1,174 crore in the corresponding quarter of the previous fiscal year.

During the July-September quarter, Arvind Fashions witnessed strong growth across retail & online channels, while wholesale channel growth was tepid.

Commenting on the results, Shailesh Chaturvedi, managing director CEO in a statement said, “In muted market conditions, AFL delivered 9.2% revenue growth and 18.8% EBITDA growth in H1 FY25. This reflects strength of our brands and high-quality execution by the AFL team on brand promises, with further investment into strengthening of growth levers.”

“I am particularly pleased with collab collections with Orry for Flying Machine and His Highness Pacho of Jaipur Royal Family for U.S. Polo Assn. Looking ahead, we will continue to stay committed to profitable growth, thereby delivering improved ROCE,” he added.

During the quarter, the company added 27 exclusive brand outlets to end the quarter with a store count of 954 across all its brands.

Arvind Fashions Ltd is a leading fashion retailer with a strong portfolio of fashion brands that include both international and domestic brands like U.S. Polo Assn, Arrow, Tommy Hilfiger, Calvin Klein, and Flying Machine.