Arvind Q2 Results: Net profit slides 25% YoY at Rs 63 cr on to higher expenses, deferred tax provision – ET Retail

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…

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Jewellery brand Trisu competes pre-seed funding led by All In Capital – ET Retail

Representative image Mumbai: Trisu, a jewellery brand, has completed its first pre-seed funding round, led by early-stage venture capital firm All In Capital. JK Tyres, Amaanta Group, and angel investors Himanshu Aggarwal and Sumer Sethi also participated in the round. “With this funding, we aim to disrupt India’s $80 billion jewellery market with unique vermeil…

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