Arvind Limited

rs,

ber 8, 2022 To, BSE Limited Listing Dept. I Dept. of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 . To, Nationa l Stock Exchange of India Limited Listing Dept., E

3%

23 highlights | steady performance in a weakening global environment ₹ crs YoY Revenues 2170 +3% EBITDA (Without other Income) 202 +1% PAT (Before exceptional items) 84 vs 74 Closing Net De

1%

eakening global environment ₹ crs YoY Revenues 2170 +3% EBITDA (Without other Income) 202 +1% PAT (Before exceptional items) 84 vs 74 Closing Net Debt 1719 1809 (30stJune 2022) 1881 (30th

4%

ng Net Debt 1719 1809 (30stJune 2022) 1881 (30th Sept 2021) • Topline saw minor growth (Textile +4%, AMD +6%) Denim and garment volumes were under pressure – – Wovens and Knitted products stayed

6%

bt 1719 1809 (30stJune 2022) 1881 (30th Sept 2021) • Topline saw minor growth (Textile +4%, AMD +6%) Denim and garment volumes were under pressure – – Wovens and Knitted products stayed steady A

₹202

stayed steady AMD continued its growth – • Operating margins remained flat, EBIDTA stood at ₹202 Cr – – Textile margins impacted by lower volumes, and inflated denominator given higher RM pric

12.3%

impacted by lower volumes, and inflated denominator given higher RM prices AMD margin improved to 12.3% as against 11.8% in Q2 FY22 • Overall debt reduced by ₹91 Cr during the quarter Net reduction in

11.8%

volumes, and inflated denominator given higher RM prices AMD margin improved to 12.3% as against 11.8% in Q2 FY22 • Overall debt reduced by ₹91 Cr during the quarter Net reduction in LT debt ₹27 cr –

₹91

gher RM prices AMD margin improved to 12.3% as against 11.8% in Q2 FY22 • Overall debt reduced by ₹91 Cr during the quarter Net reduction in LT debt ₹27 cr – Notes: • All numbers excludes Discontinue

₹27

nst 11.8% in Q2 FY22 • Overall debt reduced by ₹91 Cr during the quarter Net reduction in LT debt ₹27 cr – Notes: • All numbers excludes Discontinued Internet business which was sold during this quar

₹148.8

Arvind Internet business • Exceptional Items include: 1. Profit on sale of Internet subsidiary (+) ₹148.8 Cr 2. Provision for potential loss land as higher land surrendering required by the Municipal Corp

₹30.7

ion for potential loss land as higher land surrendering required by the Municipal Corporation (-) ₹30.7 Cr 3. Provision for doubtful receivables of water treatment business in Ethiopia: (-) ₹57.22 Cr 4.

Notes

3

Notes

• All numbers excludes Discontinued Internet business which was sold during this quarter 3 Q2 FY23 Consolidated P&L | stable operating results

Notes

• Discontinuing business includes Arvind Internet business • Exceptional Items include: 1. Profit on sale of Internet subsidiary (+) ₹148.8 Cr 2. Provision for potential loss land as higher land surrendering required by the Municipal Corporation (-) ₹30.7 Cr 3. Provision for doubtful receivables of water treatment business in Ethiopia: (-) ₹57.22 Cr 4. Tax on above items of ₹20.3 Cr 4 All figures in INR CrsQ2 FY23Q2 FY22YoY ChangeRevenue from Operations2,1702,1083%EBIDTA (Continuing Operations)2022001%EBIDTA %9.3%9.5%One time RoDTEP018Reported EBIDTA202217Other Income1118Interest4248Cash Accruals (Continuing Operations)171187-9%Depreciation6264PBT109123PAT8474Exceptional Item410Profit from Discountinuing Operations0-5Net Profit12570 Modest revenue growth across segments| Textile margins suffered while AMD margins improved • Modest revenue growth – – – Denim and Garment volumes were under pressure while Wovens and Knits stayed steady Realizations across Textile businesses improved to of

Notes

• Segment EBITDA includes Other Income • Excluding discontinuing operations 5 In Inr CrBusinessRevenueEBIDTA EBIDTA %ROCE %RevenueEBIDTA EBIDTA %ROCE %Textiles17581719.7%15.3%171119311.3%19.5%Advanced Material3133912.3%22.3%2973511.8%22.9%Others & Inter Segment99483-11Total21702139.8%12.2%209021710.4%12.3%Rodtep for previous period1818Reported Number21702139.8%12.2%210823511.1%13.8%Q2 FY23Q2 FY22 Consolidated Balance Sheet as on 30th Sept 2022 • Net Borrowings reduced by ~ ₹91 cr compared to June 2022 • LT borrowings reduced by ₹27 cr* 6 Rs Cr30th Sept 2231st Mar 22Shareholders' Fund31723006 Share Capital 261261 Reserves & Surplus28562690 Minority Interest5556Borrowings17921759 long Term Borrowings578758 Short Term Borrowings918803 Long Term Liability Maturing in one year296199Lease Liabilities (Current + Non Current)121106Other Liabilities22622833Total73477705Assets36823665 Fixed Assets34283446 ROU Assets9680 Non Current Investments6666 Long term Loans & Advances11 Other Non Current A