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Arvind Fashions net profit rises to Rs 39 7 cr in Q4, revenue up 3 6%

Arvind Fashions had sold its Sephora business to Reliance Retail in the last December quarter. According to AFL, its profit from continuing business was at Rs 25 crore, up 72 per cent year-on-year.


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U S Polo Assn Announces His Highness Maharaja Sawai Padmanabh Singh of Jaipur, India, as New Global Brand Ambassador

U S Polo Assn Announces His Highness Maharaja Sawai Padmanabh Singh of Jaipur, India, as New Global Brand Ambassador
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U S Polo Assn Announces His Highness Maharaja Sawai Padmanabh Singh of Jaipur, India, as New Global Brand Ambassador

U S Polo Assn Announces His Highness Maharaja Sawai Padmanabh Singh of Jaipur, India, as New Global Brand Ambassador
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Fundamental Radar: Arvind Fashions poised to improve RoCE to 20%: Sandeep Raina

Further, the working capital cycle has significantly improved to 43 days in FY23 from 72 days in FY20. This is a result of inventory turns rising to 4x from the lows of 2x.

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