Arvind Fashions Q3 Profit Dips 22.4% to Rs 36.11 Cr Amidst New Labour Code Costs
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News18•28-01-2026, 16:00
Arvind Fashions Q3 Profit Dips 22.4% to Rs 36.11 Cr Amidst New Labour Code Costs
- •Arvind Fashions Ltd reported a 22.4% decline in consolidated net profit to Rs 36.11 crore for Q3 FY26.
- •The profit dip is primarily due to exceptional items, including a Rs 29.01 crore provision for gratuity and compensation absences related to the new labour code.
- •Despite the profit decline, revenue from operations increased by 14.45% to Rs 1,376.58 crore.
- •The company saw strong growth in direct channels, with retail LTL growth of 8.2% and online B2C channel growth of 50%.
- •Gross margins expanded by 50 bps to 55.4%, attributed to a richer channel mix and COGS improvement.
Why It Matters: Arvind Fashions' Q3 net profit fell due to new labour code costs, but revenue and direct channel growth remained strong.
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