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Arvind Ltd’s Q3, FY25 profits rises by 13% owing to strong festive demand

  

Q3, FY25 profit of Indian clothing retailer Arvind Ltd increased by 13 per cent, owing to a strong demand for its textiles during the festive season.

Net profit of the retailer housing international brands like Tommy Hilfiger, Arrow, Calvin Klein increased to Rs 103 crore during the quarter ended December 31,2024 against Rs 91.7 crore in the corresponding quarter a year earlier.

Running from September to January, the festive season traditionally contributes significantly to retailers' annual sales as consumer spending increases during the period.

Arvind Ltd’s revenue from operations grew by 11 per cent during the quarter. This growth was mainly driven by an 11 per cent increase in revenue from its core textile segment, which accounts for 74 per cent of its total sales.

Aided by new customer acquisitions, the company’s textile segment also saw strong volume growth during the quarter, while margins remained stable across segments.

The company also recorded 10 per cent rise in total expenses during the quarter as prices of cotton, its key raw material, remained elevated.

The company’s advanced materials segment, through which it makes fabrics and protective gear for construction work, rose by 9 per cent.

 
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