Profit before tax in Arvind Ltd’s branded apparels segment increased 37.69% to Rs3,199.80 crore during the March quarter. Bengaluru: Textile maker Arvind Ltd’s net consolidated profit rose 18.17% in the fourth quarter of 2017-18, mainly propelled by significant profit increases in its branded apparels business. Profits before tax from this business division were also second only to the company’s textiles segment. Arvind’s net profit rose to Rs115.47 crore from Rs97.71 crore in the January-March quarter on a year-ago basis. Profit before tax in the company’s branded apparels segment increased 37.69% to Rs3,199.80 crore during the quarter.

Source: Mint May 09, 2018 11:48 UTC