123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Arvind Q4 Results: Net Sales Decreased By 11.71% To Rs. 1,641.56 Crores For Fy20

Profile Picture
By Author: dariya
Total Articles: 349
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Arvind Q4 results: Net deals diminished by 11.71% to Rs. 1,641.56 crores for FY20

Arvind Q4 results: It is one of the biggest material organizations in India situated in Ahmedabad. Be that as it may, the organization is one of the auxiliaries of the Lalbhai Group. The organization produces cotton shirting, denim, and textures and markets across India. Though the organization is one of the biggest denim producers in India.

In the interim, on Saturday, June 27th, the material organization detailed its Q4 results for the budgetary year 2019-20. The organization detailed its solidified overal deficit of Rs. 17.32 crores in Q4FY20. While the organization additionally posted its net benefit of Rs. 66.71 crores in a similar quarter last monetary year. The primary purpose behind this is because of the COVID-19 pandemic across India.

Also, the organization's total income from activities diminished by 11.71% to Rs. 1,641.56 crores in this quarter finished on March 31st, 2020. While the organization likewise posted its pay of Rs. 1,859.39 crores during the quarter finished on March 31st, 2019. The organizations ...
... all out use for this quarter diminished by 10.36% to Rs. 1,613.37 crores as against Rs. 1,799.95 crores in a similar quarter a year ago.

"COVID-19 pandemic followed by national-wide lockdown affected the whole business activities of the gathering by method of break underway, flexibly chain interruption, inaccessibility of staff, conclusion of creation office," the organization said.

In the financial year 2019-20, the organization's combined net benefit diminished by 59.67% to Rs. 92.10 crores in Q4FY20. While the organization likewise posted its net benefit of Rs. 228.41 crores in a similar quarter a year ago. The organization likewise revealed its income of Rs. 7,369.00 crores as against Rs. 7,142.18 crores in a similar period a year ago.

Be that as it may, Arvind Limited detailed a bullish pattern in the securities exchange on Friday, June 26th. The organization increased 0.60 focuses with a 1.74% expansion and arrived at 35.05 INR. While in BSE, the organization increased 0.75 focuses with a 2.18% expansion and arrived at 35.20 INR.

Stock market June 26th:

On Friday, both Sensex and Nifty announced a bullish pattern in the securities exchange after bearish reports in the last two meetings. The Sensex is exchanging over 35,100 levels and Nifty is exchanging over 10,300 levels in the securities exchange. The Sensex increased 329.17 focuses with a 0.94% expansion and arrived at a 35,171.27 level. While Nifty increased 94.10 focuses with a 0.91% expansion and arrived at 10,383.00 level.

On the opposite side, the quantity of coronavirus cases in India arrived at 5,08,953 as of Saturday, June 27th, and passings arrived at 15,685.

In the outskirt showcase, the S&P BSE SmallCap revealed a bullish pattern in the financial exchange on Friday. It increased 24.14 focuses with a 0.19% expansion and arrived at 12,630.28 level. The S&P BSE Midcap increased 36.01 focuses with a 0.27% expansion and arrived at a 13,258.44 level. While Nifty Bank increased 85.90 focuses with a 0.40% expansion and arrived at 21,592.05 level.

Top Gainers on June 26th: Infosys, BPCL, IOC, TCS, and Indusind Bank are the top gainers in the present financial exchange.

Top Losers on June 26th: Bharti Infratel, ITC, Bajaj Finance, Tata Motors, and Kotak Mahindra are the top failures in the present securities exchange.

Total Views: 71Word Count: 549See All articles From Author

Add Comment

Business Articles

1. Centralized Patient Monitoring System Industry Status And Prospects Professional Market Research Report Standard Version 2021-2027
Author: antara

2. 5 Ways Businesses Benefit From An Intelligent Inventory Control Machine
Author: Pablo Lopez Ortega

3. 5 Awesome Facts About Bill Change Machines
Author: Pablo Lopez Ortega

4. What You Should Do While Storing Women Boots?
Author: lillyholly

5. How Ppe Vending Machines Boost Workplace Safety
Author: Pablo Lopez Ortega

6. Optical Imaging Market Worth $3.3 Billion By 2026
Author: Rosy Wills

7. Lucintel Forecasts Pvc Compound Market To Reach $15.1 Billion By 2026
Author: Lucintel LLC

8. Driver Of Marble Market- Easy And Bulk Availability Of Marble
Author: Robin White

9. Ways To Extend The Life Of Your Metal Roof For Many More Years
Author: Daniel Zavala

10. Walk In Stability Chamber By Kesar Control Systems
Author: Kesar Control

11. Metallic Epoxy Floor Phoenix – Quality Coverage For Every Surface
Author: John Maloney

12. How Do You Choose The Right Business Broker?
Author: Mark Drake

13. 10 Web Development Trends Succeed In 2021
Author: OmTec Web

14. Excellent Benefits Of Dental Cleaning
Author: Jessica Williams

15. Choose The Plain And Decorative Custom Food Boxes To Deliver For Your Customers
Author: lewismorgancbz

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: