HomeNewsBusinessEarningsArvind Q1 net seen up, denim & textile biz may aid rev growth

Arvind Q1 net seen up, denim & textile biz may aid rev growth

During the quarter, EBITDA may rise 6.8 percent at Rs 277.2 crore versus Rs 259.6 crore while margins may stand at 12.8 percent against 12.7 percent year-on-year.

May 12, 2016 / 13:01 IST
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Arvind's net profit may jump 101 percent at Rs 97.27 crore in January-March from Rs 48.3 crore in corresponding quarter last fiscal. According to a CNBC-TV18 poll, total income may jump 6.2 percent at Rs 2168 crore versus Rs 2040.5 crore on annual basis. The base quarter had exceptional loss of Rs 48.4 crore.

During the quarter, EBITDA may rise 6.8 percent at Rs 277.2 crore versus Rs 259.6 crore while margins may stand at 12.8 percent against 12.7 percent year-on-year.

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Factors to watch:#Volume contraction in denim business as this segment is undergoing restructuring#Higher Realisations in denim and textile business to aid segment revenue growth#Important to watch growth in brands and retail segment

first published: May 12, 2016 12:54 pm

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