Arvind Ltd. — Regulatory Filings 2021

May 26, 2021

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PRESS RELEASE

Arvind Limited strong results for Q4 and FY21

Ahmedabad, 26[th] May 2021: Arvind Limited has declared its financial results for the fourth quarter and full year of FY 2021.

• Q4 revenues stood at INR 1655 crores and EBITDA (with other income) at INR 230 crores (EBITDA margin of 13.9% compared to 10.2% in the previous year)

• Full year revenues stood at INR 5073 crores, EBITDA of INR 514 crores

• Net borrowings reduced by INR 132 crores for the quarter, and INR 421 crores over the course of full financial year 2021

Performance Highlights

• Denim volumes have recovered to 113% of previous year in Q4; Woven volumes recovered to 112% and garment volumes stood at 92% of previous year Q4

• EBITDA margins in Textiles improved to 12.6% compared to 9.3% in the previous year Q4, despite significant increase in all input costs including cotton, yarns, dyes, chemicals, packaging and transport

• For Advanced Materials, both revenues and EBITDA margins improved as compared to previous year, and stood at INR 198 crores and 13.8%, for the fourth quarter (improved from 12.9% to 14.4% for the full year)

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