Arvind standalone net profit declines 41.90% in the March 2017 quarter
Sales rise 9.94% to Rs 1541.76 crore
Net profit of Arvind declined 41.90% to Rs 44.51 crore in the quarter ended March 2017 as against Rs 76.61 crore during the previous quarter ended March 2016. Sales rose 9.94% to Rs 1541.76 crore in the quarter ended March 2017 as against Rs 1402.36 crore during the previous quarter ended March 2016.For the full year,net profit declined 15.52% to Rs 270.88 crore in the year ended March 2017 as against Rs 320.64 crore during the previous year ended March 2016. Sales rose 11.01% to Rs 5955.68 crore in the year ended March 2017 as against Rs 5364.82 crore during the previous year ended March 2016.
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