The company recorded retail like-to-like growth of 8.2 per cent, alongside nearly 50 per cent growth in its online B2C channel. Gross margins expanded by 50 basis points (bps) to 55.4 per cent, aided by an improved channel mix and lower cost of goods sold. Profit after tax (PAT) from continuing operations, excluding the impact of the Code on Wages, stood at ₹44 crore, marking a growth of 65.2 per cent. Reported PAT was ₹26 crore, compared with ₹28 crore in the corresponding quarter last year.
For the nine months (9M) period, AFL posted revenues of ₹3,901 crore (~$424 million), up 13.7 per cent YoY, while EBITDA grew 16.3 per cent to ₹515 crore. The company also maintained healthy net working capital days, supported by stable inventory turns.
“As we move forward, our focus remains on accelerating growth across our marquee brands by strengthening our direct channel strategy, expanding our retail footprint, driving premiumisation, and scaling adjacent categories to build long-term value for our stakeholders,” said Amisha Jain, managing director and CEO of Arvind Fashions.
Fibre2Fashion News Desk (SG)