@Shashank_Sinha1 Your calculation is spot on. I understand you’re referring to this from the FY23 annual report.
Arvind Lifestyle Brands Limited reported a revenue of INR 2240 crore, accompanied by a relatively modest profit of INR 3.60 crore. Notably, this includes the prominent USPA brand (recognized as the company’s best-selling brand with the highest EBITDA) and Arrow. The constrained profitability may stem from either Arrow facing losses in the previous year or the possibility that the entirety of the company’s interest payments is channeled through this subsidiary. The same pattern of less profitability is seen in the latest quarter also.
If you have discerned the underlying reasons for this diminished profitability, could you please elucidate them?
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