Arvind Fashions Ltd, the retailer behind popular brands like Calvin Klein and Tommy Hilfiger, has announced a remarkable 58.20% increase in its third-quarter profit, reaching ₹47.65 crore compared to ₹30.12 crore last year. The company also reported a 6.91% rise in revenue from operations to ₹1,202.76 crore, driven by strong retail and online sales despite muted market conditions. This impressive performance reflects Arvind's strategic investments in enhancing customer experience and operational efficiencies. The stock surged following the announcement, highlighting investor confidence in the brand's growth trajectory.
Source: CNBC TV18, Financial Express