Arvind Q3 revenue up by 4 pct at Rs. 2157 cr
The company said its consolidated EBIDTA was marginally lower at Rs. 281 crores as against Rs. 288 crores in the corresponding quarter of the previous year.
Profit after tax (before exceptional items) was marginally lower at Rs. 105 crores as compared to Rs. 112 crores in the corresponding quarter for the last year on account of higher tax provision.
Commenting on the results as well as outlook of the Company, Jayesh Shah, Director & Chief Financial Officer said: "The performance for the quarter has been satisfactory considering very challenging domestic markets. Following improvements in consumer sentiments, we expect performance in quarter 4 to be a stronger than corresponding quarter."
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