In a robust recovery from first-quarter challenges, Ahmedabad-based textile giant Arvind has returned to growth, reporting a 14% increase in revenue and a 7% rise in Ebitda for the second quarter of FY25. The company posted consolidated revenue of Rs 2,188 crore and Ebitda of Rs 221 crore, reflecting an Ebitda margin of 10.1%.
The quarter’s growth was driven by stable raw material costs and a favourable product mix, despite ongoing geopolitical challenges and uncertain macroeconomic conditions, the company said in a statement.
Denim volume reached its highest level in nine quarters, achieving approximately 90% utilisation, while the woven segment saw 11% growth, delivering 32.7 million meters at near-full capacity utilisation. The garmenting division recorded 21% growth, with volumes surpassing 9 million units and showing improved sequential realisations
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“Volume growth in textiles is attributed to new customer acquisitions and better demand. AMD reported a 10% increase in volume, though order deferments in mass transport and a slower recovery in human protection led to growth below expectations,” the company said.
For Q2 FY25, the textile division posted its highest growth in nine quarters, with a 12% increase in revenue to Rs 1,633 crore and an Ebitda of Rs 168 crore, resulting in an Ebitda margin of 10.3%. AMD reported revenue of Rs 388 crore, a 9% growth, with Ebitda at Rs 60 crore, maintaining a margin of 15.3%.
Consolidated profit before tax for Q2 rose by 20% to Rs 135 crore, while profit after tax (PAT) stood at Rs 60 crore. Adjusted for changes in tax rates and one-time costs, PAT would have been approximately Rs 97 crore. An exceptional deferred tax expense of ₹29 crore, due to changes in the Finance Act 2024, raised tax costs, although it had no impact on cash flow.
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