Arvind Ltd. reported audited standalone and consolidated earnings results for the fourth quarter and year ended March 31, 2013. For the quarter, on standalone basis, the company reported profit from operations before other income, finance costs and exceptional items of INR 1,295.5 million compared to INR 740.2 million reported a year ago. Net profit was INR 851.1 million or INR 3.30 per basic and diluted share before and after extraordinary items compared to INR 625.2 million or INR 2.42 per basic and diluted share after extraordinary items a year ago. Profit from ordinary activities before tax was INR 844.2 million against INR 625.2 million a year ago. Net sales were INR 9,986.3 million compared to INR 8,479 million reported a year ago. For the year, the company reported profit from operations before other income, finance costs and exceptional items of INR 4,362 million compared to INR 3,707.3 million reported a year ago. Net profit was INR 2,612.2 million or INR 10.12 per basic and diluted share before and after extraordinary items compared to INR 4,342.3 million or INR 9.16 per basic and diluted share before extraordinary items and INR 16.83 per basic and diluted share after extraordinary items a year ago. Profit from ordinary activities before tax was INR 2,612.2 million against INR 2,362.9 million a year ago. Net sales were INR 37,802.9 million compared to INR 34,941.2 million reported a year ago. For the quarter, on consolidated basis, the company reported net sales of INR 14,061.1 million against INR 12,781 million a year ago. EBITDA was up by 54% at INR 2,030 million against INR 1,310 million a year ago. Profit after tax was INR 760 million against INR 670 million a year ago. Profit from operations before other income, finance costs and exceptional items of INR 1,382.4 million compared to INR 902.1 million reported a year ago. Net profit was INR 2.94 per basic and diluted share before and after extraordinary items compared to INR 2.59 per basic and diluted share before and after extraordinary items a year ago. Profit from ordinary activities before tax was INR 764.7 million against INR 652.8 million a year ago. For the year, the company reported net sales of INR 52,925.2 million against INR 49,251.2 million a year ago. EBITDA was up by 14% at INR 6,870 million against INR 6,020 million a year ago. Net profit after tax from ordinary activity was INR 2,480.7 million against INR 2,447 million a year ago. Profit from operations before other income, finance costs and exceptional items of INR 4,831.1 million compared to INR 4,408.9 million reported a year ago. Net profit was INR 9.63 per basic and diluted share before and after extraordinary items compared to INR 9.48 per basic and diluted share before extraordinary items and INR 16.90 after extraordinary items a year ago. Profit from ordinary activities before tax was INR 2,483.3 million against INR 2,502.5 million a year ago.

Arvind Limited announced that the Board of Directors of the company at its meeting held on May 16, 2013, has recommended dividend at 16.5% that is INR 1.65 per equity share of INR 10 each of the company for the year ended on March 31, 2013.

Arvind Limited announced that they will report Q4, 2013 results on May 16, 2013