Arvind Limited

rs,

uary, 2024 To, BSE Limited Listing Dept. / Dept. of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001. Security Code: 500101 Security ID: ARVIND Dear Sir/Madam, To

12%

strong across all segments  Denim demand remained low for Q3 due to + Textile margins close to 12% due to improved efficiencies and lower input costs + Fabric volumes steady despite challenging m

20%

lenging market conditions, through proactive expansion of market reach. + AMD continued to clock 20%+ volume growth + Order book for Q4 looking better for both Denim and Garments. + Arvind Ltd is

5%

later part of Q3 3 Steady Volumes, Strong Margins & PAT ₹ Cr YoY Sequential Revenues 1888 -5% -2% EBITDA (Without other Income) 216 16% 5% PAT (Before exceptional items) 92 75 79 Clos

2%

r part of Q3 3 Steady Volumes, Strong Margins & PAT ₹ Cr YoY Sequential Revenues 1888 -5% -2% EBITDA (Without other Income) 216 16% 5% PAT (Before exceptional items) 92 75 79 Closing N

16%

Margins & PAT ₹ Cr YoY Sequential Revenues 1888 -5% -2% EBITDA (Without other Income) 216 16% 5% PAT (Before exceptional items) 92 75 79 Closing Net Debt 1390 1333 (30th Sep 2023) 1327

8%

31st Mar 2023) YoY: • Q3 FY24 revenue impacted by price deflation – – Textile revenue lower by 8% despite higher fabric volumes AMD revenue grew by 2%, while volume grew by ~20% • EBITDA margin

200 bps

r fabric volumes AMD revenue grew by 2%, while volume grew by ~20% • EBITDA margins improved by 200 bps, driven by improvement in Textile segment • Overall PAT grew by ~22% to reach ₹92 Cr QoQ: • Min

22%

TDA margins improved by 200 bps, driven by improvement in Textile segment • Overall PAT grew by ~22% to reach ₹92 Cr QoQ: • Minor deflation on sequential basis as well – Textile margins improved by

₹92

mproved by 200 bps, driven by improvement in Textile segment • Overall PAT grew by ~22% to reach ₹92 Cr QoQ: • Minor deflation on sequential basis as well – Textile margins improved by 80 bps over Q

80 bps

to reach ₹92 Cr QoQ: • Minor deflation on sequential basis as well – Textile margins improved by 80 bps over Q2 • Overall PAT grew by ~16% • Overall borrowing remained broadly stable – – Long-term d

₹433

rall PAT grew by ~16% • Overall borrowing remained broadly stable – – Long-term debt reduced to ₹433 Cr, (₹652 Cr at the start of FY24, ₹480 Cr on Sep 30th 2023) Short Term borrowing increased due to

“• Textile and AMD margins expected to remain healthy at around Q3 levels Capex & Debt Long Term debt expected to settle around Rs 400 crores by end of March 2024 Expect to incur about Rs.”

YoY

1

QoQ

1

YoY

• Q3 FY24 revenue impacted by price deflation – – Textile revenue lower by 8% despite higher fabric volumes AMD revenue grew by 2%, while volume grew by ~20% • EBITDA margins improved by 200 bps, driven by improvement in Textile segment • Overall PAT grew by ~22% to reach ₹92 Cr

QoQ

• Minor deflation on sequential basis as well – Textile margins improved by 80 bps over Q2 • Overall PAT grew by ~16% • Overall borrowing remained broadly stable – – Long-term debt reduced to ₹433 Cr, (₹652 Cr at the start of FY24, ₹480 Cr on Sep 30th 2023) Short Term borrowing increased due to working capital. 4 Margin Expansion leading to 22% growth in PAT PAT is after Minority Interest and Share of profit/Loss in Joint venture 5 All figures in INR CrsQ3 FY24Q3 FY23YoY ChangeQ2 FY24QoQ ChangeRevenue from Operations1,8881,980-5%1,922-2%EBIDTA (Continuing Operations)21618616%2065%EBIDTA %11.4%9.4%10.7%Other Income91212Interest394339Cash Accruals (Continuing Operations)18715520%1794%Depreciation666367PBT12092112Tax261529PAT927522%7916%Exceptional Item091Profit from Discountinuing Operations000Net Profit92849%8015% Segment results | margins grew across segments: Overall Margin close to 12% 6 In Inr CrBusinessRevenueEBIDTA EBIDTA %ROCE %RevenueEBIDTA EBIDTA %ROCE %Textiles142616811.8%14.4