Arvind Ltd. — Regulatory Filings 2021

Oct 27, 2021

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PRESS RELEASE

Arvind Limited posted strong results for Q2 FY22

Ahmedabad, 27[th] October 2021: Arvind Limited has declared its financial results for the second quarter of FY 2022.

• Q2 revenues up 62% at ₹ 2115 crores; both Textiles & AMD revenues up 60%+

• Q2 EBITDA at ₹230 crores, EBITDA margin was 11% compared to 10.3% last year

• Textiles ROCE touching 20%

• Debt reduction progress as planned

Performance Highlights

Volumes grew across all segments as post Covid demand stayed strong in both export and domestic markets. Input costs continued to increase sharply, but were mostly offset by improved price realization and higher efficiencies.

Advanced Materials, delivered a robust quarter, and revenues stood at INR 297 crores. EBITDA for AMD for the quarter was 12%.

About Arvind Limited

Arvind Limited is one of the largest textile companies in India with revenues of USD 1.0 billion. The company is end-to-end supply chain partner to the world’s leading fashion brands.

For more information, please contact:

Khantil Shah

khantil.shah@arvind.in

Mobile: 9920083282