Arvind Ltd’ FY20-21, Q4 profit rises to Rs 53.18 crore

Arvind Ltd posted a net profit of Rs 53,18 crore in its fourth quarter of FY20-21 that ended on March 31, 2021 as against net loss of Rs 24.91 crore in third quarter ended December 31, 2020.

The company reported total income of Rs 1,676.26 crore in fourth quarter as compared to Rs 1,526.14 crore in the third. EPS in the fourth quarter increased to Rs 2.05 as compared to Rs 0.96 during the third quarter ended December 31, 2020.

On a yearly basis, Arvind posted a net profit of Rs 53.18 crore for the period ended March 31, 2021 as against net loss of Rs 12.30 crore for the period ended March 31, 2020.

The company’s total income increased to Rs 1,676.26 crore during the period ended March 31, 2021 as compared to Rs 1,650.15 crore during the period ended March 31, 2020.

The company reported EPS of Rs 2.05 for the period ended March 31, 2021 as compared to Rs 0.48 for the period ended March 31, 2020.

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