The company's revenue from the textiles segment, which contributes about 80% of the company's total revenue, fell 19.2% to 15.49 billion rupees in the quarter. Revenue from denims, which is included in the textiles segment, fell 44.8%.

Arvind had a gain of Rs 40.52 crore from exceptional items, which includes profit on the sale of a subsidiary and provision from the value of land in Gujarat.Its total expenses were at Rs 2,072.45 crore, up 3.50 per cent in the September quarter of FY23 against Rs 2,002.31 crore a year ago.

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The company was last valued at $900-950 million after raising $185 million in a funding round led by food delivery company Zomato, Temasek and Lightrock in December. Afte the latest investment, Temasek's stake in the company will increase to 5.75% and Lightrocks to 4.79%.

The government's support moves as an increase in rates of incentives for the exports of readymade garments and dress materials from 2% to 4% and the National Technical Textiles Mission under which 100% FDI in the textile industry was allowed, along with the PLI scheme for textiles, are going to provide a stimulus to the industry.

"Arvind continued to deliver on its stated objective of reducing Long Term debt, and reduced it by Rs 56 crores during this quarter. Arvind Limited closed the quarter at a net debt of Rs 1,809 crore," it said.

The company had posted a net loss of Rs 11.42 crore during the April-June quarter of the previous fiscal.

manufacturer Arvind Ltd Revenue from operations was at Rs 2,203.50 crore as against Rs 1,654.87 crore in the corresponding period of previous fiscal year.Its fabric and garment volumes remained strong across both domestic as well as export markets, said Arvind in an earning statement

No coercive action will be taken against Bagga till July 6 when the case will come up for hearing next, Additional Solicitor General Satya Pal Jain, who appeared on behalf of the Delhi Police, said after the court heard the matter.

The unit, which manufactures voiles and other fabric primarily sold in the domestic market, had a revenue of Rs 232 crore and EBITDA (earnings before interest, taxes, depreciation, and amortization) of Rs 28 crore in 2020-21.

Cement maker Nuvoco Vistas will make its Dalal Street debut today. The company may witness a tepid a listing on the bourses.

Kejriwal, born on August 16, 1968 at Siwani village in Haryana's Bhiwani, took to Twitter and thanked people for their greetings. The early ones to greet Kejriwal on his birthday included MK Stalin and Himanta Biswa Sarma, Chief Ministers of Tamil Nadu and Assam respectively.

"Under NEO, children under three years will be registered for admission in both government and private schools," Bidhuri said in a statement.

While the agenda of the meeting is not known, it is expected to discuss a raft of issues irking opposition parties besides helping build bridge to forge opposition unity.

The Indian pair clocked 6:29.66 to finish fifth in the Final B, which was not a medal round, and end at 11th overall at the Sea Forest Waterway.

Its revenue from operations stood at Rs 1,654.87 crore, marginally up as compared with Rs 1,641.56 crore in the year-ago period.

The company's board will consider a proposal to raise funds in a meeting on May 26, Arvind Ltd said in a BSE filing.