Arvind Fashions Ltd reported a 39.09 percent hike in consolidated net profit to Rs 39.67 crore in the fourth fiscal quarter ending March 2024, as against 28.52 crore for the same quarter of earlier fiscal. Arvind Fashions’ revenue from operations grew to Rs 1,093.85 crore, up 3.66 percent in
Gross margin expanded 480 basis points (bps) year over year to 53.3 percent at Arvind Fashions in the fiscal quarter ended December 31, 2023. According to an Arvind Fashions press release, this improvement was driven by a 2 percent retail like-to-like growth, enhanced execution in the retail channel, and a strategy of lower discounting. The […]
Arvind Fashions Ltd has appointed Anand Aiyer as the new CEO of Arrow, a renowned fashion brand known for its timeless elegance. With a remarkable track record of over 24 years in the fashion brands and retail sector, Aiyer is poised to lead Arrow into a new era of innovation and growth. Anand Aiyer previously […]