Arvind Ltd. — Earnings Release 2024

Oct 31, 2023

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31[st] October, 2023

To, BSE Limited Listing Dept. / Dept. of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001. p

Security Code: 500101 Security ID: ARVIND

To,

National Stock Exchange of India Limited Listing Dept., Exchange Plaza, 5[th] Floor, Plot No. C/1, G. Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051.

Symbol: ARVIND

Dear Sir/Madam,

Sub: Press Release - Unaudited Financial Results for quarter and half year ended on 30[th] September, 2023

Ref.: Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose a copy of the press release being issued by the Company in respect of unaudited financial results for the quarter and half year ended on 30[th] September, 2023.

You are requested to take the same on records.

Thanking you

Yours faithfully, For Arvind Limited

RAMNIK Digitally signed by RAMNIK VASHRAMBHAI VASHRAMBH BHIMANI Date: 2023.10.31 12:41:58 AI BHIMANI +05'30' R.V. Bhimani Company Secretary

Encl.: As above

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PRESS RELEASE

Arvind Ltd declares Q2 FY24 results

Highlights:

• Overall revenues stood at ₹1922 Cr and EBIDTA at ₹206 Cr

• Both Textiles and AMD segments delivered improved margins at 11% and 15.7% respectively

• All businesses delivered healthy volumes

Ahmedabad, 31[st] October 2023: Arvind Limited today announced its financial results for the second quarter of Financial Year 2023-24.

Performance Highlights for Q2 FY24

Arvind Ltd delivered a steady performance amid challenging market environment. Overall Revenues for the quarter stood at ₹1922 crores, a growth of 4% of a quarter on quarter basis. EBITDA during the period stands at ₹206 crores which is a growth of 14% on a quarter on quarter basis while Profit after Tax stood at ₹79 crores.

EBITDA margin of the overall business increased by 140 bps on a year on year basis to reach 10.7%.

Advanced Materials delivered healthy revenues of ₹354 Cr and highest ever EBITDA of ₹55.6 Cr for the quarter, translating into an EBIDTA margin of 15.7%.

During the 1[st] half of the year, Arvind’s 46MW hybrid wind-solar project went live, that took Arvind’s total share of renewable energy consumption to 47% and help reduce 110,000 tCo2 emissions per annum. This has further strengthened its industry leading credentials in environmental sustainability. During the quarter Arvind also become a signatory to United Nations Global Compact (UNCG), the ambitious corporate sustainability program of UN.

About Arvind Limited

Arvind is a textile to retail conglomerate with revenues in excess of $1 billion. Arvind’s business portfolio includes textiles, apparels, advanced materials, environmental solutions, telecom and omni-channel commerce. Arvind brings integrated fibre to fashion solutions including innovation, design, development and supply as a preferred partner for world’s most wellknown brands. The company strives every day to create opportunities beyond conventional boundaries. For more information, please visit https://www.arvind.com

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For further information please contact:

Satya Prakash Mishra

Head - Investor Relations (Mobile: 7036228882) Satyaprakash.mishra@arvind.in

Disclaimer:

Certain statements contained in this document may be statements of future expectations and other forward looking statements that are based on management‘s current view and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. None of Arvind Limited or any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its content or otherwise arising in connection with this document. This document does not constitute an offer or invitation to purchase or subscribe for any shares and neither it nor any part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever.