Arvind Mills has actually shown an amazing 95% increase in PBT
To the credit of Arvind Mills, this PBT fall has occurred only after five straight quarters since June 2004 that showed increasing PBT. Further, textiles being a true seasonal industry, Arvind Mills has actually shown an amazing 95% increase in PBT in the quarter ending September when compared to the same quarter last year (Rs.210 million); impressive cost cutting measures seem to have paid off, even though year on year revenue growth was a mere 2% in the same quarter.
Source: IIPM - Business & Economy
For More on IIPM Editorial Articles, click here...
Source: IIPM - Business & Economy
For More on IIPM Editorial Articles, click here...

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