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Informist, Friday, Sept. 12, 2025

 

--Arvind Ltd: Tariffs hit co; US accounts for 30-40% of co's total exports
--Arvind Ltd: US tariffs give opportunity to diversify export markets
--Arvind Ltd: Looking at Europe, Japan, Australia to diversify export mkts

 

AHMEDABAD - Arvind Ltd. Vice-chairman and Managing Director Kulin Lalbhai Friday said the tariffs imposed by the Donald Trump administration in the US had hit the company hard and affected its exports and margins. "We are in the eye of the storm," Lalbhai said at the Gujarat export conclave organised by the Confederation of Indian Industry. He said the company has 30-40% exposure to the US in exports.

For the financial year 2024-25 (Apr-Mar), Arvind Ltd.'s total revenue was around INR 83.30 billion, of which roughly 40%, or about INR 33.32 billion, was reported to be from exports. Publicly available information shows the geographies that Arvind Ltd. exports to include the US, Germany, the UK, Bangladesh, and Sri Lanka. The company does not give an official break-up of its exports.

Lalbhai, however, dubbed the situation "momentary" and said the crisis is also an opportunity for the company to diversify its geographical reach and not be overly dependent on a single country. "I don't think we have visited Europe, Japan, and Australia in the last five years as we have in the last one month," he said.

Explaining the rationale for seeking to widen the company's export market, Lalbhai said that while the tariffs may end "in a few months", Arvind Ltd. would by then have built a foundation of a "much broader dialogue and deeper customer base" across the world.

Citing the examples of the "dark" factories in China, Lalbhai stressed the need for quicker adoption of newer technologies to stay competitive globally. "I have personally been visiting China very often and the renaissance that is happening there in terms of robotics and automation is eye-opening," he said.

For the June quarter, Arvind Ltd. had reported a near 10% on-year rise in revenue from operations to INR 20.06 billion. Its net profit attributable to shareholders of the parent was up 35% at INR 532.4 million. At 1515 IST, shares of Arvind Ltd. were down 3% at INR 326 on the National Stock Exchange.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Reported by Sunil Raghu

Edited by Rajeev Pai

 

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