AFL: Indian retailer Arvind's Q1 profit slips as textile demand falls

(marketscreener.com) Indian clothing retailer Arvind posted a 40% fall in its first-quarter profit, as inflationary pressures weighed on consumer spending on apparels despite discounts. The company, which sells international brands like Tommy Hilfiger, Arrow and Calvin Klein, said its consolidated net profit fell to 393.1 million rupees from 658.7...https://www.marketscreener.com/quote/stock/ARVIND-LIMITED-6493548/news/Indian-retailer-Arvind-s-Q1-profit-slips-as-textile-demand-falls-47490647/?utm_medium=RSS&utm_content=20240729