36
|
The Textile Magazine
MAY 2012
Arvind
aims to be Rs. 8,000-crore
revenue company by 2015
corporate news
Arvind Ltd., one of the largest
integrated textile and branded
apparel players, recorded 2.1 per
cent growth in revenue and 48
per cent growth in profit after tax
for the full year ended March 31,
2012. Revenue for the year stood
at Rs. 4,925 crores against Rs.
4,085 crores for the previous year.
Net profit after tax from ordinary
activity stood at Rs. 245 crores
(Rs. 165 crores). At the operating
level, consolidated EBIDTA for
the year increased by 14 per
cent at Rs. 602 crores (Rs. 529
crores). The Board of Directors has
recommended a dividend of 10 per
cent for 2011-12.
Mr. Sanjay Lalbhai, Chairman & Managing Director