Arvind Fashions Posts Strong Growth In Q3 FY26
Arvind Fashions Ltd (AFL), one of India’s leading casual and denim apparel players, reported a robust performance for the third quarter ended December 31, 2025, driven by strong momentum across its direct-to-consumer channels.
For Q3 FY26, the company’s revenue grew 14.5% year-on-year to Rs 1,377 crore, compared to Rs 1,203 crore in the corresponding quarter last year. The continued focus on direct channels resulted in healthy retail like-to-like (LTL) growth of 8.2% and nearly 50% growth in the online B2C segment, alongside sustained double-digit secondary growth in wholesale.
Gross margins expanded by 50 basis points to 55.4%, supported by a richer channel mix and improvements in cost of goods sold. EBITDA (excluding other income) rose 18% to Rs 195 crore from Rs 165 crore in Q3 FY25, with EBITDA margin improving by 40 basis points to 14.2%.
Profit after tax (PAT) from continuing operations, excluding the impact of the Code on Wages, stood at Rs 44 crore, registering a strong 65.2% year-on-year growth. However, reported PAT declined to Rs 26 crore compared to Rs 28 crore in Q3 FY25 due to the impact of the Code on Wages. Net working capital days remained healthy, supported by stable inventory turns.
Commenting on the performance, Amisha Jain, Managing Director & CEO, said that Q3 FY26 marked another strong quarter for the company, led by consistent execution across direct-to-consumer channels. She added that the company will continue to focus on strengthening direct channels, expanding its retail footprint, driving premiumisation, and scaling adjacent categories to build long-term value for stakeholders.
