Arvind Posts Record Revenue Of Rs 2371 Crore For Q2 FY26 On Strong Volume Growth
Arvind Ltd, one of India’s leading textile and apparel manufacturers, reported a strong performance in the second quarter of FY26, achieving its highest-ever quarterly revenue driven by sustained demand and operational efficiency amid a challenging global trade environment.
The company recorded consolidated revenue of Rs 2,371 crore for Q2 FY26, marking an 8% increase over the same period last year. EBITDA rose 13% to Rs 262 crore, resulting in an improved margin of 11%. Profit After Tax (PAT) stood at Rs 107 crore, a growth of 70% year-on-year, partly reflecting a higher deferred tax provision in the previous financial year.
The company continued to demonstrate resilience and adaptability during a period marked by global trade disruptions and tariff-related pressures. Arvind’s diversified product portfolio and customer-centric operating model enabled it to maintain stable realizations while expanding volumes across key segments. Denim fabric volumes rose 16% to 15.2 million metres, supported by increased vertical integration.
Woven fabric volumes reached 35.1 million metres, showing an 8% increase and maintaining full capacity utilization. The garmenting division delivered its highest-ever quarterly output of 10.7 million pieces, reflecting 17% year-on-year growth driven by improved capacity utilization, new customer wins and stronger value chain alignment.
In the Advanced Materials (AMD) segment, the company reported revenues of Rs 446 crore, registering a year-on-year growth of 14.9%. The division benefitted from improved realizations and a favourable product mix, supported by strong demand in the industrial category and renewed traction in pultrusion applications. The protective gear business also saw the resumption of defence orders.
EBITDA margin for AMD stood at 13.6% during the quarter, and would have reached 15.2% excluding the tariff-related impact. The textile division reported revenue of Rs 1,803 crore in Q2, up 10.4%, with an EBITDA of Rs 180 crore and margins of 10%. The garmenting business achieved quarterly revenue of Rs 528 crore, supported by healthy product mix and stable export demand.
The ongoing tariff environment resulted in a margin impact of Rs 23 crore during the quarter and Rs 38 crore in the first half of FY26. However, the company’s cost optimization initiatives and higher throughput helped offset part of the tariff absorption. Arvind noted that EBITDA margins would have exceeded its medium-term target of approximately 12% had tariff-related costs not been factored in.
During the first half of the year, Arvind incurred Rs 20 crore in capital expenditure. The company also completed the transfer of its AMD business to Arvind Advanced Materials Ltd (AAML), a wholly owned subsidiary, following NCLT approval in August 2025.
The AMD division is expected to maintain 18–20% growth, while garmenting is projected to sustain mid-teen volume expansion supported by capacity additions.
