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The Arvind textile manufacturer recorded a 35 % increase in the profit of the first quarter on Tuesday while global brands move to increase their supply from India instead of China.Arvind, which has western brands such as Gap and H&M among its customers, has published a consolidated net profit of 532.4 million Indian rupees ($ 6.13 million) for the three months closed to 30 June.
The US brands have diversified their supply chains beyond China, in part due to geopolitical tensions, while the political turbulence in Bangladesh have also pushed the global brands to be open to the supply more from India.
Arvind has recorded a 10 % growth of revenue from operations to 20.06 billion rupees, led by a 14 % increase in revenue compared to its main textile business, which represents about two thirds of its total sales. The clothing manufacturer said that its signs of strong orders have increased the global interest in India as a destination of supply.
However, Arvind knocked on his margins for the first half of the tax 2026, even if he expected that the margins expand in the second half – due to higher input costs, discounts and air transport related to the interruptions of the US rates.
A 10 % basic import withdrawal imposed by the United States remains in force, even if President Donald Trump has paused the most steep specific rates of the country on Indian assets, which weigh on Margini with textile exporters.
