Arvind Ltd Reports Strong Q2 FY27 Earnings, Profit Up 16% To ₹123 Crore; Advanced Material Business Leads Growth

Mumbai-based Arvind Ltd disclosed its second quarter and first half results for fiscal year 2026, ending September 30, 2026. The company saw a 16% rise in consolidated net profit after tax to ₹123 crore, compared to ₹123 crore a year earlier. Corporate revenue climbed 23% to ₹2,919 crore, up from ₹2,371 crore previously.

EBITDA expanded by 27% to ₹331 crore for the quarter. Arvind Ltd reported a 48% rise in net profit to ₹154.64 crore. The textile division's revenue grew 11% to ₹1,999 crore, with EBITDA at ₹190 crore. The garmenting division posted a 9% rise in revenue to ₹577 crore, aided by an increase in volume.

Advanced Material Business (AMB) led growth, with revenue jumping 81% to ₹805 crore and EBITDA at ₹119 crore, up 97% year-on-year. AMB India's business expanded by 23% to ₹550 crore in revenue, generating ₹78 crore in EBITDA. Dalco-GFT contributed ₹256 crore in revenue and ₹41 crore in EBITDA for the period, with an EBITDA margin of 16%.

The company commissioned Phase 1 of its greenfield garment manufacturing facility in Varanasi, Uttar Pradesh, aiming for ₹250 crore in revenue at full capacity. Arvind Ltd acquired a 31.2% stake in Renew Green for ₹205 million. Credit rating agency Care upgraded the company's credit rating to AA from AA-, with a stable outlook.

For the upcoming third quarter of fiscal year 2027, Arvind Ltd expects the AMB India business to grow around 18% in revenue and EBITDA, with a margin ranging between 14-15%. The company anticipates total capital expenditure programs exceeding ₹500 crore for the full year.