Arvind Limited Reports Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2018
May 09, 2018 at 03:27 am EDT
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Arvind Limited reported audited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2018. For the quarter, on standalone basis, the company reported total income of INR 17,150.0 million against INR 15,737.7 million a year ago. Profit before exceptional items and tax was INR 761.0 million against INR 715.5 million a year ago. Profit before tax was INR 753.0 million against INR 626.3 million a year ago. Net profit for the period was INR 676.9 million or INR 2.61 diluted per share against INR 489.8 million or INR 1.90 basic and diluted per share a year ago.
For the year, on standalone basis, the company reported total income of INR 64,983.0 million against INR 60,840.6 million a year ago. Profit before exceptional items and tax was INR 3,143.3 million against INR 4,148.1 million a year ago. Profit before tax was INR 2,916.1 million against INR 1,346.4 million a year ago. Net profit for the period was INR 2,500.4 million or INR 9.65 diluted per share against INR 185.6 million or INR 0.72 basic and diluted per share a year ago.
For the quarter, on consolidated basis, the company reported total income of INR 30,041.1 million against INR 24,993.3 million a year ago. Profit before exceptional items and tax was INR 1,424.5 million against INR 1,189.0 million a year ago. Profit before tax was INR 1,416.5 million against INR 1,099.8 million a year ago. Net profit for the period was INR 1,154.7 million against INR 977.1 million a year ago. Net profit attributable to equity holders of the parent was INR 1,089.7 million against INR 934.2 million a year ago. Diluted earnings per share were INR 4.21 against INR 3.05 a year ago.
For the year, on consolidated basis, the company reported total income of INR 108,887.5 million against INR 93,393.8 million a year ago. Profit before exceptional items and tax was INR 4,131.0 million against INR 4,378.0 million a year ago. Profit before tax was INR 3,903.8 million against INR 4,197.4 million a year ago. Net profit for the period was INR 3,158.1 million against INR 3,208.5 million a year ago. Net profit attributable to equity holders of the parent was INR 3,094.7 million against INR 3,146.3 million a year ago. Diluted earnings per share were INR 11.95 against INR 12.17 a year ago.
Arvind Limited is an India-based vertically integrated textile company. The Company operates through three segments: Textiles, Advanced Materials and Others. The Textiles segment includes fabrics, garments, and fabric retail. The Advanced Materials segment consists of human protection fabrics and garments, industrial products, advance composites, and automotive fabrics. The Others segment includes e-commerce, agriculture produce, EPABX and one to many radios, developing of residential units and others. It also manufactures a range of cotton shirting, denim, knits, and bottom weights (Khakis) fabrics and jeans and shirts garments. Its businesses include fabric and apparel, brands and retail, real estate, engineering, Internet, environmental solutions, advanced materials, telecom, and garmenting. Its subsidiaries include Arvind PD Composite Private Limited, Arvind OG Nonwovens Private Limited, Arvind Internet Limited, and Arvind Goodhill Suit Manufacturing Private Limited, among others.
ARVIND LIMITED 
