Arvind Ltd, a leading Indian textile and apparel company, reported a consolidated revenue of ₹8,329 crore (approximately $975.2 million) for the financial year 2024–25, ending March 31, 2025. The company recorded an EBITDA of ₹919 crore with an EBITDA margin of 11 per cent.
The textile division contributed ₹6,174 crore to the annual revenue, achieving an EBITDA of ₹626 crore and a 10 per cent margin, despite disruptions from industrial action. The apparel manufacturing division (AMD) posted ₹1,544 crore in revenue and ₹231 crore in EBITDA, reflecting a strong 15 per cent margin. The company’s profit before tax (PBT) increased by 7 per cent year-over-year (YoY) to ₹494 crore, while profit after tax (PAT) stood at ₹353 crore.
Arvind invested ₹483 crore in capital expenditure projects during the year. Denim fabric production saw an 8 per cent growth, reaching 51.6 million metres, with capacity utilization at 90 per cent. Woven fabric volumes were at 128 million metres for the year, while the garmenting division produced 37.2 million pieces, achieving a 16 per cent growth.
Q4 FY25 Performance Highlights
In Q4 FY25, Arvind Ltd reported consolidated revenue of ₹2,221 crore (approximately $260 million), reflecting a 7 per cent YoY growth. The EBITDA for the quarter was ₹275 crore (approximately $32.2 million), a 10 per cent increase YoY, with an EBITDA margin of 12.4 per cent—its highest in the past 16 quarters.
The apparel manufacturing division (AMD) achieved record-breaking revenue and EBITDA of ₹451 crore and ₹69 crore respectively, marking YoY growth of 17 per cent and 13 per cent. This strong quarterly performance was attributed to successful operational transformations and the onboarding of marquee customers in the garmenting segment, contributing to higher volumes and improved margins, especially in the second half (H2) of the fiscal year.
Key operational highlights for Q4 include:
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Denim fabric volumes reached 14.6 million metres, the highest in the past 11 quarters, growing 14 per cent YoY.
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Woven fabric production recorded 33.2 million metres, reflecting a 5 per cent YoY growth while operating near full capacity.
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The garmenting division delivered its best performance in 12 quarters, producing 9.5 million pieces in Q4.
Commitment to Sustainability and Renewable Energy
Reinforcing its commitment to sustainability, Arvind signed a 25-year power purchase agreement (PPA) to source electricity from renewable energy. This agreement allows the company to subscribe to up to 26 per cent equity, qualifying it as a Group Captive user. With this initiative, Arvind aims to increase its renewable energy usage to 60 per cent, offering a payback period of under two years. The investment is expected to enhance EBITDA margins by 30–40 basis points by FY27.
Strategic Opportunities and Global Trade
The recently finalized UK Free Trade Agreement presents a promising growth opportunity for Arvind, particularly in the UK market, which currently contributes less than 2 per cent to its business.
At the same time, newly imposed US tariff measures have introduced both opportunities and uncertainties. While the company has seen a short-term boost in demand for garments and fabrics, margins are under pressure due to tariff-related pricing adjustments. To address this, Arvind is focusing on scaling volumes and optimizing operational costs.
Despite these global challenges, the company has noted encouraging signs from key US customers, signaling potential for increased business volumes.
Outlook for FY26
Given the ongoing volatility in the global business environment, Arvind refrained from issuing formal guidance for FY26. However, the company remains proactive in implementing strategies to navigate uncertainties while continuing its long-term focus on scaling operations, driving sustainability, and exploring new market opportunities.