*Arvind Ltd.* | *CMP* Rs. 137 | *M Cap* Rs. 3549 Cr | *52 W H/L* 139/32
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 2115.1 Cr (46.9% QoQ, 62.1% YoY) vs QoQ Rs. 1439.4 Cr, YoY Rs. 1305.2 Cr
EBIDTA came at Rs. 212.5 Cr (104.2% QoQ, 74.9% YoY) vs QoQ Rs. 104.1 Cr, YoY Rs. 121.5 Cr
EBITDA Margin came at 10% vs QoQ 7.2%, YoY 9.3%
Adj. PAT came at Rs. 76.6 Cr vs QoQ Rs. -4.7 Cr, YoY Rs. 23 Cr
Quarter EPS is Rs. 3
Share is trading at P/E of 12.1x FY23E EPS