Arvind Mills announces Q3 PAT of Rs.104.79 Crores

Arvind Mills Ltd has announced the following Unaudited results for the quarter ended December 31, 2006:

The Company has posted a net profit of Rs 1047.90 million for the quarter ended December 31, 2006 where as the same was at Rs 234.00 million for the quarter ended December 31, 2005. Total Income is Rs 4505.20 million for the quarter ended December 31, 2006 where as the same was at Rs 3843.90 million for the quarter ended December 31, 2005.

Pursuant to the Composite Scheme of De-merger of Garment Business Division of Arvind Brands Ltd (a wholly owned subsidiary Company) and Amalgamation of Arvind Fashion Ltd (a wholly owned subsidiary Company) with retrospective effect form April 01, 2006, with Arvind Mills Ltd sanctioned by the H'bel High Court of Gujarat, the results of the Company for the quarter figures of Demerged Division and amalgamated Company for the same period respectively and hence not comparable with figures of previous quarter / period.

Source : Equity Bulls

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