Arvind Smartspaces Reports Significant Decline in Q2 FY24 Financial Performance

1 min read     Updated on 04 Nov 2025, 05:54 AM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Arvind Smartspaces, a major Indian real estate company, has reported significant declines in its Q2 FY24 financial results. Net profit fell by 65.16% to ₹141.80 crore, revenue decreased by 45.49% to ₹1,450.00 crore, and EBITDA dropped by 55.25% to ₹295.20 crore compared to Q2 FY23. The EBITDA margin also compressed by 383 basis points to 21.01%. These results indicate substantial contraction in the company's operations and profitability, potentially raising concerns among investors and market analysts about the real estate sector's current challenges.

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*this image is generated using AI for illustrative purposes only.

Arvind Smartspaces , a prominent player in the Indian real estate sector, has reported a substantial decline in its financial performance for the second quarter of the fiscal year 2024. The company's consolidated results show a marked decrease across key financial metrics, indicating a challenging period for the real estate developer.

Financial Highlights

Metric Q2 FY24 Q2 FY23 YoY Change
Net Profit ₹141.80 crore ₹407.00 crore -65.16%
Revenue ₹1,450.00 crore ₹2,660.00 crore -45.49%
EBITDA ₹295.20 crore ₹659.70 crore -55.25%
EBITDA Margin 21.01% 24.84% -383 bps

The company's financial results reveal a significant year-over-year decline:

  • Net Profit: Dropped by 65.16% to ₹141.80 crore from ₹407.00 crore in the same quarter last year.
  • Revenue: Decreased by 45.49% to ₹1,450.00 crore compared to ₹2,660.00 crore in Q2 FY23.
  • EBITDA: Fell by 55.25% to ₹295.20 crore from ₹659.70 crore year-over-year.
  • EBITDA Margin: Compressed by 383 basis points to 21.01% from 24.84% in the previous year.

These figures indicate a substantial contraction in the company's operations and profitability during the quarter.

Market Implications

The sharp decline in Arvind Smartspaces' financial performance may raise concerns among investors and market analysts. The real estate sector, known for its cyclical nature, appears to be facing headwinds that have significantly impacted the company's revenue generation and profit margins.

Investors and stakeholders will likely be keen to understand the factors contributing to this decline, such as potential market slowdowns, project delays, or increased operational costs. The company's ability to navigate these challenges and its strategies for recovery will be crucial focal points in the coming quarters.

Looking Ahead

While the current results paint a challenging picture, it's important to note that the real estate market can be subject to various external factors and seasonal fluctuations. Stakeholders may look forward to the company's future guidance and any strategic initiatives planned to address the current downturn.

As per the latest corporate announcement, Arvind Limited, the parent company, has scheduled an analyst and investor conference call on November 7, 2025, to discuss its Q2 FY26 results. This upcoming call may provide more context and insights into the group's performance and outlook, which could be relevant for understanding the broader impact on subsidiaries like Arvind Smartspaces.

Historical Stock Returns for Arvind

1 Day5 Days1 Month6 Months1 Year5 Years
+0.73%+0.08%+9.62%-11.52%-11.02%+849.78%

Arvind Fashions Reports 25% Profit Growth in Q2, Shares Surge

1 min read     Updated on 03 Nov 2025, 02:11 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Arvind Fashions posted strong Q2 FY24 results with net profit rising 25% to ₹37.50 crore and revenue increasing 11% to ₹1,418.00 crore year-on-year. EBITDA grew 16% to ₹188.00 crore, while operating margin improved by 60 bps to 13.30%. The company saw 8.3% like-to-like growth in direct channels and over 50% expansion in the online B2C segment. Following the results, shares surged 6.1% to ₹533.50.

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*this image is generated using AI for illustrative purposes only.

Arvind Fashions , a prominent player in the Indian fashion retail sector, has reported strong financial results for the July-September quarter, leading to a significant boost in its share price.

Financial Highlights

Metric Q2 FY24 Q2 FY23 YoY Change
Net Profit ₹37.50 crore ₹30.00 crore +25%
Revenue ₹1,418.00 crore ₹1,273.00 crore +11%
EBITDA ₹188.00 crore ₹162.00 crore +16%
Operating Margin 13.30% 12.70% +60 bps

Operational Performance

Arvind Fashions demonstrated robust growth across various channels:

  • Direct channels achieved an 8.3% like-to-like growth
  • Online B2C segment expanded by over 50%
  • Net working capital days stood at 60 days
  • Inventory turnover remained stable

Management Commentary

Amisha Jain, Managing Director of Arvind Fashions, emphasized the company's strategic focus on:

  1. Marquee brands
  2. Direct channel strategy
  3. Retail expansion

Market Response

Following the announcement of these results:

  • Shares surged to an intraday high of ₹539.00
  • At the time of reporting, the stock was trading at ₹533.50, up 6.1%

The company's strong performance across key financial metrics, coupled with its strategic initiatives, appears to have resonated positively with investors. The significant growth in the online B2C segment and the improvement in operating margins suggest that Arvind Fashions is successfully adapting to changing consumer preferences and managing its operations efficiently.

As the fashion retail sector continues to evolve, Arvind Fashions' focus on marquee brands and expansion of direct channels may position it well for future growth. However, investors should continue to monitor the company's performance in the coming quarters to assess the sustainability of these positive trends.

Historical Stock Returns for Arvind

1 Day5 Days1 Month6 Months1 Year5 Years
+0.73%+0.08%+9.62%-11.52%-11.02%+849.78%
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