Aarvee Denims & Exports news and archive

Aarvee net profit declines 64.64 percent in Q3

Aarvee Denims & Exports has reported a fall in its net profit by 64.64 percent to Rs 0.93 crore in the quarter ended December 2013 as against Rs 2.63 crore during the same quarter ended December 2012. Sales however rose 7.09 percent to Rs 149.15 crores in the quarter compared to Rs 139.27 crores during the same quarter last year. In the second...

Apparel

Aarvee Denims Q2 net profit down to Rs 7.57 cr

Aarvee Denims & Exports has announced its financial results for the period ended September 30, 2013 where its net sales/income from operations stood at Rs 193.09 crores as against Rs 206.29 crores for the quarter ended September 30, 2012. The net profit / (loss) was Rs 7.57 crores for the quarter ended September 30, 2013 as against Rs 17.28...

Apparel

Positive Q4 margins cheer denim players

Despite over supply in the market, denim fabric manufacturing firms have shown considerable rise in margins for the fourth quarter of the fiscal ended 2012-13. The denim industry, led by Arvind, Aarvee Denims & Exports, KG Denim and Nandan Exim among others, saw bottomline increase manifold in Q4 of FY '13. Industry experts have attributed the...