Arvind Fashions Q4FY23 Results: Consolidated PAT Rose Rs 10.92 Cr

Arvind Fashions Limited Q4 results show revenue fell from 1194.80 to 1154.46 crores, a 3.38% decrease in growth. EPS rise from ₹0.61 to ₹0.82, up by 34.43%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Arvind Fashions Ltd. shared its Q4 results on Tuesday. They earned 1154.46 crores in revenue this quarter, but that’s less than the 1194.80 crores they made last quarter. Unfortunately, the company’s growth decreased by 3.38 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 10.92 crores, up from 8.09 crores in the previous quarter. Their quarter-to-quarter growth inclined by 34.98 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹0.82, which is an increase of 34.43% from the ₹0.61 EPS in the previous quarter.

Also read: ☞ ” 3M India Q4FY23 Results: Consolidated PAT Rose to Rs 135.72 Cr “

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 4473.58 crores this year (2023), which is 43.25 percent higher than last year’s total revenue of 3122.92 crores.

This year’s PAT (Profit After Tax) is 36.71 crores, which is also 86.27% higher than last year’s PAT of -267.40 crores.

The EPS (Earnings Per Share) for this year is ₹2.77, which is 74.91% more than the EPS of ₹-11.04 earned last year.

Arvind Fashions Share Dividend Announcement / Record Date:

The Board of Directors has declared a Final Dividend of ₹1 per Equity Share of Face Value of ₹4 each of the Company (25% of Face Value).

The record date for the dividend has not arrived yet.

About Arvind Fashions:

Arvind Limited, the leading company of the Lalbhai Group, is a textile manufacturer. It is headquartered in Naroda, Ahmedabad, Gujarat, India, and operates units in Santej. The company specializes in the production of cotton shirting, denim, knits, and bottom weight fabrics.

Download the Full PDF of Q4 Results: Click Here

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