Representative image Textile manufacturer Arvind Ltd on Monday reported a 25.44 per cent decline in consolidated net profit at Rs 62.77 crore in the second quarter ended September 30, 2024 impacted by higher expenses and a one-time hit due to rise in provision for deferred tax. The company had posted a consolidated net profit of…
Representative image Homegrown premium fashion label Rare Rabbit, which raised its first external funding this year, zoomed past the Rs 600-crore revenue milestone in FY24 while its net profit more than doubled. Bengaluru-based Radhamani Textiles, which owns men’s fashion brand Rare Rabbit and women’s brand Rareism, closed FY24 with Rs 637 crore in operating revenue…
Gold sales on Dhanteras surged to a record on Friday amid a revival in growth across consumer products such as smartphones, televisions, home appliances and apparel, as well as restaurants, after more than a year during the ongoing festive season. Demand for gold in the country increased about 7.7% by volume to an estimated 42…
Representative Image. Textile manufacturer Arvind Ltd on Tuesday reported a 33.83 per cent decline in consolidated net profit at Rs 84.19 crore for the second quarter ended September 30, 2023. The company had posted a net profit of Rs 127.25 crore for the July-September period a year ago, Arvind said in a regulatory filing. Revenue…
J Michael Prince, CEO, US Polo India is the fastest growing market worldwide for apparel brand US Polo (USPA) and has the potential to be their largest market, J Michael Prince, President and CEO of USPA Global Licensing, told ET. Indian currently represents over 15% of the overall business worldwide and is the third largest…
