{
  "id": 16871281,
  "title": "Arvind Ltd Reports Strong Q2 FY27 Earnings, Profit Up 16% To ₹123 Crore; Advanced Material Business Leads Growth",
  "url": "https://urgent.news/2026/10/28/arvind-ltd-reports-strong-q2-fy27-earnings-profit-up-16-to-123-crore",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T07:58:53.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/arvind-ltd-reports-strong-q2-fy27-earnings-profit-up-16-to-123-crore-advanced-material-business-leads-growth"
  },
  "original_language": "en",
  "account": "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.\n\nEBITDA 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.\n\nAdvanced 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%.\n\nThe 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.\n\nFor 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.",
  "summary": "Mumbai: Arvind Ltd on Friday, October 28, 2026, announced its financial results for the second quarter and first half ended September 30, 2026, reporting a consolidated net profit after tax of ₹123 crore, up 16% year-on-year. Financial Performance Consolidated revenue stood at ₹2,919 crore, marking a 23% growth compared to the previous year's ₹2,371 crore. Earnings Before Interest, Tax,…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}