Arvind Fashions Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 11,250.5 million compared to INR 10,727.8 million a year ago. Revenue was INR 11,319.6 million compared to INR 10,883.6 million a year ago. Net income was INR 510.8 million compared to INR 80.9 million a year ago. Basic earnings per share from continuing operations was INR 1.22 compared to INR 0.93 a year ago. Diluted earnings per share from continuing operations was INR 1.22 compared to INR 0.93 a year ago. Basic earnings per share was INR 3.84 compared to INR 0.61 a year ago. Diluted earnings per share was INR 3.83 compared to INR 0.61 a year ago.
For the nine months, sales was INR 31,652.7 million compared to INR 30,142.9 million a year ago. Revenue was INR 31,860.2 million compared to INR 30,510 million a year ago. Net income was INR 563.1 million compared to INR 258 million a year ago. Basic earnings per share from continuing operations was INR 1.9 compared to INR 3.35 a year ago. Diluted earnings per share from continuing operations was INR 1.9 compared to INR 3.35 a year ago. Basic earnings per share was INR 4.24 compared to INR 1.94 a year ago. Diluted earnings per share was INR 4.23 compared to INR 1.94 a year ago.