Arvind Fashion Ltd faced a significant standalone net loss of Rs17 crore in Q4, a 192% yoy decline, despite a 13.7% revenue increase to Rs150 crore. However, FY25 saw a strong recovery with a net profit of Rs37.8 crore, driven by strategic execution, focus on womenswear and innerwear, reduced discounting, and retail channel growth.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,