Arvind Fashions Limited (AFL) has announced its financial results for the second quarter ended September 30, 2026, reporting its highest-ever revenue and EBITDA. The company achieved a revenue of Rs. 1,559 crore, marking a 10.0% year-on-year growth, and EBITDA grew by 15.5% to Rs. 216 crore. These results reflect strong performance driven by retail execution and direct channel growth.
Arvind Fashions Announces Record Financial Performance
Arvind Fashions Limited (AFL), a prominent player in India’s casual and denim market, has declared its financial results for the second quarter of FY27, ending September 30, 2026. The company has achieved its highest-ever revenue and EBITDA, showcasing robust growth and operational efficiency. The results were declared on November 2, 2026.
Key Financial Highlights for Q2 FY27
AFL reported a revenue of Rs. 1,559 crore for the second quarter, representing a significant 10.0% increase compared to Rs. 1,418 crore in the same quarter of the previous year (Q2 FY26). This growth was bolstered by a 15.4% expansion in the retail segment and increased marketing investments. Adjusted for shifts in festive seasons and online events, the overall growth in Q2 was approximately 15%.
The company’s EBITDA also saw a substantial rise of 15.5%, reaching Rs. 216 crore in Q2 FY27 from Rs. 187 crore in Q2 FY26. This resulted in an improved EBITDA margin of 13.9%, up by approximately 67 basis points. On a pre-Ind AS basis, both EBITDA and PAT grew by 18% and 38%, respectively.
Profit After Tax (PAT) for the quarter grew by 29.6% to Rs. 49 crore compared to Rs. 38 crore in Q2 FY26. Working capital days remained stable at 157 days for Gross Working Capital (GWC) and 65 days for Net Working Capital (NWC).
Strategic Growth Drivers
The company highlighted that its direct channel contributed 53% of the total revenue, showing a year-on-year increase. Strong retail execution and a focus on direct channels led to a like-for-like (L2L) growth of 7.3% and online B2C growth of approximately 28%. The gross margin expanded by 136 basis points to 53.9%, attributed to a better channel mix, strong LTL, and reduced discounting.
Management Commentary
Ms. Amisha Jain, MD & CEO of Arvind Fashions, commented, “Q2 delivered another quarter of profitable growth, with revenue up 10.0% and EBITDA up 15.5%. Adjusted for the shift in the festive season and online tower events, underlying growth was ~15%, in line with our guidance. Delivering this against a volatile macro backdrop reflects the strength of our marquee brands and the consistency of our execution.” She also expressed confidence in sustaining the growth trajectory by focusing on accelerating profitable growth across brands, deepening consumer engagement, and increasing the share of direct channels.
About Arvind Fashions Limited
Arvind Fashions Ltd is recognized as India’s number one casual and denim player, operating as a lifestyle powerhouse. It boasts a strong portfolio of fashion brands, including international names like U.S. Polo Assn., Arrow, Tommy Hilfiger, Calvin Klein, and Flying Machine, catering to diverse consumer segments and price points.
Source: BSE
