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| Exchange Disseminated Time | Arvind Ltd has announced the following results for the quarter ended December 31, 2015:
The Unaudited Standalone results for the Quarter ended December 31, 2015
The Company has posted a net profit of Rs. 868.30 million for the quarter ended December 31, 2015 where as the same was at Rs. 992.10 million for the quarter ended December 31, 2014. Total Income is Rs. 13652.10 million for the quarter ended December 31, 2015 where as the same was at Rs. 13528.80 million for the quarter ended December 31, 2014.
The Consolidated Results are as follows:
The Unaudited Consolidated results for the Quarter ended December 31, 2015
The Group has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 1033.00 million for the quarter ended December 31, 2015 where as the same was at Rs. 1091.00 million for the quarter ended December 31, 2014. Total Income is Rs. 21763.20 million for the quarter ended December 31, 2015 where as the same was at Rs. 20887.30 million for the quarter ended December 31, 2014.
- The Scheme of Arrangement ("the Scheme'') between Arvind Limited ("the Company") and its wholly owned subsidiary Arvind Infrastructure Limited ("AIL")for demerger and transfer of Real Estate Undertaking ("demerged undertaking") to AIL sanctioned by the Hon'ble High Court of Gujarat has become effective from April 01, 2015. Consequent to the Scheme, the Company has demerged the Real Estate Undertaking and hence the results for the quarter are not strictly comparable with previous corresponding periods presented. |
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