Textiles firm Arvind Ltd today reported an increase of 3.56 per cent in its consolidated net profit to Rs 93.26 crore for the second quarter ended on September 30, 2014.
The company had posted a consolidated net profit of Rs 90.05 crore during the same quarter of the previous fiscal, Arvind Ltd said in a BSE filing.
Arvind’s total consolidated net income during the quarter under review increased 14.34 per cent to Rs 1,964.63 crore from Rs 1,718.23 crore during the July-September quarter of FY 2013-14.
For the first half of 2014-15, the company’s consolidated net profit rose 16.55 per cent to Rs 183.77 crore compared to Rs 157.67 crore in the same period last year.
Consolidated net sales of the company increased 16.46 per cent to Rs 3,737.18 crore as against Rs 3,208.76 crore in the same period of the previous fiscal.
The share of Arvind Ltd was trading at Rs 301.70 for a scrip on the BSE during afternoon trade, down 2.17 per cent from its previous close.