Interim report
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November 02, 2026 To, BSE Limited Listing Dept. / Dept. of Corporate Services Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001 Security Code: 542484 Security ID: ARVINDFASN To, National Stock Exchange of India Ltd. Listing Dept., Exchange Plaza, 5th Floor Plot No. C/1, G. Block Bandra-Kurla Complex Bandra (E) Mumbai - 400051 Symbol: ARVINDFASN Dear Sir/ Madam, Sub: Outcome of the Meeting of the Board of Directors of Arvind Fashions Limited (“the Company”) held on November 02, 2026 Ref: Regulations 30 and 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) Dear Sir/Madam, In continuation of our letter dated October 28, 2026, we wish to inform you that the Board of Directors of the Company, at its meeting held today (i.e. on November 02, 2026) has, inter alia: (i) Approved the Un-Audited Financial Results (Standalone and Consolidated) for the half year and second quarter ended September 30, 2026 along with the Limited Review Report, issued by the Statutory Auditors of the company i.e. M/s. Deloitte Haskins & Sells. (ii) A copy of the press release being issued by the Company in respect of unaudited financial results for the second quarter and half year ended on September 30, 2026. (iii) Investor Presentation for Q2 FY27 issued in this regard. (iv) Approved the formulation, adoption and implementation of Arvind Fashions Limited Performance-linked Stock Units Scheme – 2026 (“AFL PSU Scheme – 2026” or “the Scheme 2026”) (v) Approved the acquisition of 2,500 equity shares of “Arvind Global Capability Center Private Limited” (“Arvind GCC”) constituting 25% of its paid-up equity share capital
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The above documents will also be uploaded on company's website at https://www.arvindfashions.com/ The meeting of the Board of Directors commenced at 4:15 P.M and concluded at 05:00 P.M. This is for your information and records. Thanking you, For Arvind Fashions Limited Lipi Jha Company Secretary Encl: As above.
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Deloitte Haskins & Sells Chartered Accountants 19th Floor, Shapath-V S.G. Highway Ahmedabad - 380 015 Gujarat, India Tel: +91 79 6682 7300 Fax: +91 79 6682 7400 INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF ARVIND FASHIONS LIMITED 1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of ARVIND FASHIONS LIMITED ("the Company"), for the quarter and six months ended September 30, 2026 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations"). 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. Place: Bengaluru Date: November 02, 2026 For DELOITTE HASKINS & SELLS Chartered Accountants (Firm's Registration No. 117365W) Kartikeya Raval (Partner) (Membership No. 106189) (UDIN:Ji, /<J b t5tt BZBLJlD-,'116) Page 1 of 1
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L ArVIno tAsw1ons www.arvindfashions.com Statement of Standalone Unaudited Financial Results for the Quarter and Six Months Ended September 30, 2026 Sr. No 1 2 3 4 5 6 7 8 9 10 11 12 Particulars Income (a) Revenue from Operations (b) Other Income (Refer Note 5) Total Income Expenses (a} Purchases of stock-in-trade (b) Changes in inventories of stock-in-trade (c) Employee benefits expense (d) Finance costs (e) Depreciation and amortisation expense (f) Other expenses Total Expenses Profit I (Loss) before Exceptional items and tax (1-2) Exceotional Items (Refer Note 6) Profit/ (Loss) Before tax (3+4) Tax Expense (a) Current Tax (b) (Excess)/short provision related to earlier years (c) Deferred Tax Charge / (Credit) (Refer Note 7) Total Tax Expense Net Profit / (Loss) for the period after tax (5-6) Other Comprehensive Income/ (Loss) (Net of Tax) (a) Items that will not be re-classified to profit and loss (i) Re-measurement gain/(loss) on defined benefit plans (ii) Income Tax related to the item above Other Comprehensive Income/ (Loss) (Net of Tax) Total Comprehensive Income / (Loss) for the Period (7+8) Paid-up Equity Share Capital (Face Value f 4/- per share) Other Equity Earnings Per Share in ,(Not Annualised) -Basic -Diluted (See accomoanvina notes to the Standalone Unaudited Financial Results) Bengaluru November 02, 2026 REGISTERED OFFICE: Arvind Fashions Limited Arvind Limited Premises, Naroda Road, Ahmedabad - 382 345, Gujarat, India. Phone : +91 79 6826 8000 Email : info@arvindfashions.com CIN: L52399GJ2016PLC085595 Ouarter Ended 30.09.2026 30.06.2026 Unaudited unaudited 233.58 135.81 4.40 3.26 237.98 139.07 164.36 89.29 (28.23) (15.08) 16.51 15.19 8.69 8.99 15.12 13.87 59.65 47.44 236.10 159.70 1.88 (20.63) - - 1.88 (20.63) 0.47 (5.23 0.47 (5.23) 1.41 115.40\ 0.07 0.06 /0.02\ /0.01 \ 0,05 0.05 1.46 (15.35) 53.49 53.46 0.10 (1.15) 0.10 (1.15) (f in Crores except per share data) Six Months Ended Year Ended 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Unaudited Unaudited UnauditPd Audited 230.60 369.39 348.82 710.86 54.73 7.66 58.08 65.58 285.33 377.05 406.90 776.44 142.07 253.65 248.55 462.64 (7.57) (43.31) (40.60) (55.16) 25.46 31.70 42.25 83.94 7.43 17.68 13.99 30.21 17.13 28.99 31.20 68.25 56.41 107.09 94.47 184.10 240.93 395.80 389.86 773.98 44.40 {18.75) 17.04 2.46 - - - 15.06\ 44.40 (18.75) 17.04 (2.60) 2.13 2.13 1.77 (5.57) 6.18 (4.76 1.73 (0.151 8.31 14.76 3.86 13.95) 36.09 113.99\ 13.18 1.35 (0.02) 0.13 (0.05) (0.21) 0.01 10.03) 0.02 0.05 10.01\ 0.10 10.03\ 10.16\ 36.08 (13.89) 13.15 1.19 53.40 53.49 53.40 53.46 2,274.35 2.70 (1.05) 0.99 0.10 2.70 (1.05) 0.99 0.10 For Arvind'"J!ashlons Limited CORPORATE OFFICE: 8th Floor, DuParc Trinity, No.17, Bangalore - 560 001. Karnataka, India. Phone + 91 804155 0601
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L ArVIno tAS!--jlOns www.arvindfashions.com Standalone Unaudited Balance Sheet as at September 30 2026 ' Sr. Particulars no ASSETS 1 Non-current assets (a) Property, Plant and Equipment (b) Right-of-Use Asset (cl Intanqible assets (d) Financial assets (i) Investments (ii) Loans (iii) Other Financial assets (el Deferred tax assets (net) (Refer Note 7) (fl Non Current tax assets (net) (q) Other non-current assets Total Non-current Assets 2 Current assets (a) Inventories (bl Financial assets (i) Trade receivables (ii) Cash and cash equivalents (iii) Bank balance other than (ii) above (iv) Loans (v) Others financial assets (cl Other current assets Total Current Assets Total Assets EQUITY AND LIABILITIES 1 EQUITY (a) Equity share capital (b) Other equity Total Equity LIABILITIES 2 Non-current liabilities (a) Financial liabilities (i) Lease Liabilities (ii) Other financial liabilities (bl Provisions Total Non-current Liabilities 3 Current liabilities (a) Financial liabilities (i) Borrowings (ii) Lease Liabilities (iii) Trade payables a) total outstanding dues of micro enterprises and small enterprises b) total outstanding dues of creditors other than micro enterprises and small enterprises (iv) Trade credits (v) Other financial liabilities (bl Other current liabilities (cl Provisions Bengaluru November 02, 2026 REGISTERED OFFICE: Arvind Fashions Limited Arvind Limited Premises, Naroda Road, Ahmedabad - 382 345, Gujarat, India. Phone : +91 79 6826 8000 Email : info@arvindfashions.com CIN • L52399GJ2016PLC085595 Total Current Liabilities Total Equity and Liabilities (� in Crores ) As at As at 30.09.2026 31.03.2026 Unaudited Audited 42.33 33.88 185.41 137.14 4.59 5.28 2,029.60 2,027.53 0.01 - 13.29 11.61 21.04 16.32 6.93 14.65 0.93 0.89 2 304.13 2 247.30 192.89 149.58 239.42 212.84 9.17 1.65 1.41 1.31 24.78 100.02 16.98 9.10 130.05 115.52 614.70 590.02 2 918.83 2 837.32 53.49 53.46 2 238.47 2 274.35 2 291.96 2 327.81 155.86 106.70 17.85 12.73 7.84 7.06 181.55 126.49 106.02 101.45 36.43 34.38 28.54 19.22 148.03 108.72 100.64 92.96 19.44 19.99 5.54 5.67 0.68 0.63 445.32 383.02 2 918.83 2 837.32 For Arviod F�shio_ns Limited CORPORATE OFFICE: 8th Floor, DuParc Trinity, No.17, Bangalore - 560 001. Karnataka, India. Phone : + 91 80 4155 0601
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L Afvmo J'.",I\SJ-jlOns www.arvindfashions.com Standalone Unaudited Statement of Cash Flows for Six Months Ended September 30 2026 , Sr. Particulars No A B C Cash Flow from Operating activities Profit/{Loss) Before tax Adjustments to reconcile profit/{loss) before tax to net cash flows: Depreciation and Amortisation expense Interest Income Finance Costs Financial guarantee commission Allowance/(Reversal) of doubtful debts Net unrealised foreign exchange (gain)/ loss Loss/(Gain) of mark to market of derivatives financial instruments (Profit)/Loss on Sale of Property, Plant & Equipment (Net) Provision for Non-moving Inventory and Returnable assets Share based payment expense Dividend Income Gain On Reassessment of Lease Operating Profit before Working Capital Changes Adjustments for Changes in Working Capital : (Increase)/ Decrease in Inventories (Increase)/ Decrease in Trade receivables (Increase)/ Decrease in Other assets (Increase)/ Decrease in Other financial assets Increase/ (Decrease) in Trade payables and Trade Credit Increase/ (Decrease) in Other liabilities Increase/ (Decrease) in Other financial liabilities Increase/ (Decrease) in Provisions Net Changes in Working Capital Cash Generated from Operations Income Taxes paid (Net of Income Tax refund) Net Cash flow from / (used in) Ooeratina Activities (A) Cash Flow from Investing Activities Purchase of Property, Plant & Equipment and Other Intangible assets Proceeds from Sale of Property, Plant & Equipment Changes in other bank balances not considered as cash and cash equivalents Loans (given)/received back (net) Interest Received Dividend Received Net cash flow from / (used inl Investina Activities CB) Cash Flow from Financing Ac;tivities Proceeds from issue of equity shares Proceeds from share application money Repayment of long term borrowings Proceeds/ (repayment) from short term borrowings (net) Finance cost paid Purchase of Treasury Shares by ESOP Trust Principal payment of Lease Liabilities Interest paid on Lease Liabilities Dividend Paid Net Cash flow from / (used inl Financina Activities (Cl Net Increase/(Decreasel in cash & cash eauivalents (Al +(B)+(C) Cash & Cash equivalents at the beginning of the period Cash & Cash equivalents at the end of the period Reconciliation of Cash & Cash equivalents: Particulars Cash and cash equivalents comprise of: Cash on Hand Balances with Banks Cash and cash equivalents Bengaluru November 02, 2026 REGISTERED OFFICE: Arvind Fashions Limited Arvind Limited Premises, Naroda Road, Ahmedabad - 382 345, Gujarat, India. Phone +91 79 6826 8000 Email . info@arvindfashions.com CIN: L52399GJ2016PLC085595 (< in Crores) Six Months ended Six Months ended 30.09.2026 30.09.2025 Unaudited Unaudited {18.75) 17.04 28.99 31.20 (5.85) (6.19) 17.68 13.99 (1.58) (1.53) (0.36) 1.35 0.06 (0.02) 0.46 (0.01) 0.02 - 0.41 4.72 0.67 - (50.03) (0.09) - 44.02 '10.13) 25.27 6.91 (43.39) (42.44) (26.10) (39.06) (14.42) (4.18) (8.43) (9.60) 56.12 57.74 (0.13) (2.03) 4.85 3.31 0.97 0.81 {30.53) (35.45) {5.26) (28.54) 7.72 1.03 2.46 (27.51) (15.45) (6.66) 0.06 0.05 75.23 0.04 2.11 1.49 50.03 61.95 44.95 1.91 5.57 0.06 - (4.39) 4.57 23.03 (8.92) (8.08) (7.76) - (16.55) (11.66) (8.76) (5.93) (21.38) (21.35) (56.89} (22.75) 7.52 (5.31) 1.65 7.64 9.17 2.33 Six Months ended Six Months ended 30.09.2026 30.09.2025 Unaudited Unaudited - 9.17 2.33 9.17 2.33 For Arvj.Dd1 Fashions Limited CORPORATE OFFICE: 8th Floor, DuParc Trinity, No.17, Bangalore - 560 001. Karnataka, India. Phone : + 91 80 4155 0601
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L ArVIno+Asl---l1ons www.arvindfashions.com Notes: The above standalone unaudited financial results have been prepared in accordance with Indian Accounting Standards as prescribed under section 133 of the Companies Act, 2013, read with the relevant rules issued thereunder, and other accounting principles generally accepted in India. 2 The above standalone unaudited financial results were reviewed and recommended by the Audit Committee and subsequently approved by the Soard of Directors at their meeting held on November 02, 2026 in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015. The Company is primarily engaged in the business of trading of Branded Apparels (Garments and Accessories) which in the terms of Ind AS 108 'Operating Segments', constitutes a single reporting segment. 4 ESOP Share Allotment: Pursuant to various Employees Stock Option Schemes, following equity shares of Rs. 4/- each were allotted to the option grantees: uar:ter:Ended 30.09.2026 30.06;2026 30.09.2025 74 500 12 000 Six Months ·ended 30.09.2026 30.09.2025 74.500 2,03 700 Year Ended 31.03.2026 3 54 479 5 Other Income includes dividend Income from Subsidiary of Rs. NIL for the quarter and six months ended September 30, 2026. (Previous period- Rs. 50.03 crores for the quarter and six months ended September 30, 2025 and for the year ended March 31, 2026) 6 On November 21, 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws (collectively, the "New Labour Codes"). Based on its assessment, the Company has recognised a one-time incremental provision towards gratuity and compensated absences payable to its own employees and contract workforce, aggregating to Rs 5.06 crores, which has been presented as an Exceptional item in the Statement of Standalone Financial Results for the year ended March 31, 2026. 7 The management of the Company has opted to exercise the option under Section 115BAA of the Income Tax Act, 1961. Consequently, the Company has remeasured its deferred tax assets and liabilities using the tax rate specified in the section, resulting in a deferred tax charge of Rs. 6.19 crores. The full impact of this change has been recognised in the Statement of Standalone Financial Results for the year ended March 31, 2026. Bengaluru November 02, 2026 REGISTERED OFFICE: Arvind Fashions Limited Arvind Limited Premises, Naroda Road, Ahmedabad - 38 2 345, Gujarat, India. Phone : +91 79 6826 8000 Email : info@arvindfashions.com CIN: L52399GJ2016PLC085595 For Arvittd Fashions Limited I CORPORATE OFFICE: 8th Floor, DuParcTrinity, No.17, Bangalore - 560 001. Karnataka, India. Phone:+ 91 804155 0601
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Deloitte Haskins & Sells Chartered Accountants 19th Floor, Shapath-V S.G. Highway Ahmedabad - 380 015 Gujarat, India Tel: +91 79 6682 7300 Fax: +91 79 6682 7400 INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF ARVIND FASHIONS LIMITED 1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of ARVIND FASH�ONS LIMITED ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group"), for the quarter and six months ended September 30, 2026 ("the Statement") being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations"). 2. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India (!CAI). A review of interim financial information consists of making inquiries, primarily of Parent's personnel responsible for financial and accounting matters, and applying analytical and other review procedures, A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4. The Statement includes the results of the Parent and the subsidiaries as given in the Annexure to this report. Page 1 of 3
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Deloitte Haskins & Sells 5. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. Place: Bengaluru Date: November 02, 2026 For DELOITTE HASKINS & SELLS Chartered Accountants (Firm's Registration No. 117365W) Kartikeya Raval (Partner) (Membersh!.P No. 106189) (UDIN:;l.6106 I g t1� W/-�O W"t3Lfi) Page 2 of 3
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Deloitte Haskins & Sells Annexure to Independent Auditor's Review Report The Parent 1. Arvind Fashions Limited List of Subsidiaries 1. Arvind Lifestyle Brands Limited 2. PVH Arvind Fashion Private Limited 3. Arvind Youth Brands Private Limited 4. Value Fashion Retail Limited Page 3 of 3
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L ArVInDJASl-jlOns www.arvindfashions.com Statement of Consolidated Unaudited Financial Results for the Quarter and Six Months Ended September 30, 2026 Sr. no 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Particulars Income (a) Revenue from Operations (b) Other Income Total Income Expenses (a) Purchases of stock-in-trade (b) Changes in inventories of stock-in-trade (c) Employee benefits expense {d} Finance costs {e) Depreciation and amortisation expense (f) Other expenses Total Expenses Profit before Exceptional items and tax from Continuing operations (1-2) Exceptional items (Refer Note 6) Profit Before tax from continuina 00erations (3+4) Tax Expense (a) Current Tax (b) Short/(Excess) provision related to earlier years (c) Deferred Tax Charge/ {Credit) (Refer Note 8) Total Tax Expense Net Profit / (Loss) for the period after tax from Continuing operations (5-6) Discontinued Operations (Refer Note 5) Profit/(Loss) before tax for the period from Discontinued Operations Tax Expense on Discontinued Operations Net Profit/Closs) for the period from Discontinued Operations (8-9) Net Profit/(Loss) for the period from Continuing and Discontinued Operations (7+10) Attributable to : Equity Holders of the Parent Non-controlling interest Other Comprehensive Income/ (Loss) (Net of Tax) (a) Items that will not be re-classified to profit and loss (i) Re-measurement gain/(loss) on defined benefit plans (ii) Income Tax related to the item above ( b) Items that will be re-classified to profit and loss (i) Effective portion of gains / (loss) on cash fiow hedges (ii) Income Tax related to the item above Other Comprehensive Income/ (Loss) (Net of Tax) Attributable to : Equity holders of the Parent Non-controllina interest Total Comprehensive Income/ (Loss) for the Period (11+12) Attributable to : Equity holders of the Parent Non-controlling interest Paid-up Equity Share Capital (Face Value t 4/- per share) Other Equity Earnings Per Share in , (Not Annualised) Continuing Operations -Basic -Diluted Discontinued Operations -Basic -Diluted Continuing and Discontinued Operations -Basic -Diluted (See accompanvina notes to the Consolidated Unaudited Financial Results) Bengaluru November 02, 2026 REGISTERED OFFICE: Arvind Fashions Limited Arvind Limited Premises, Naroda Road, Ahmedabad - 382 345, Gujarat, India. Phone : +91 79 6826 8000 Email : info@arvindfashions.com CIN: L52399GJ2016PLC085595 I Quarter Ended 30.09.2026 30.06.2026 Unaudited Unaudited 1,558.83 1,278.50 6.99 7.01 1 565.82 1 285.51 864.89 591.08 (145.59) (37.74) 90.48 83.32 49.23 47.69 82.76 78.81 532.66 482.32 1 474.43 1 245.48 91.39 40.03 91.39 40.03 14.53 13.93 9.24 (1.92) 23.77 12.01 67,62 28.02 (0.41) (0.41) /0.411 (0.411 67,21 27.61 48.48 9.57 18.73 18.04 67.21 27.61 0.33 0.31 {0.08) {0.08) 1.26 (4.90) /0.311 1.23 1.20 (3.441 0.73 {l.61) 0.47 /1.83 1.20 (3.44 68.41 24.17 49.21 7.96 19.20 16.21 68.41 24.17 53.49 53.46 3.66 0.75 3.65 0.75 (0.03) (0.03) (0.03) (0.03) 3.63 0.72 3.62 0.72 c, in Cro.-es except per share data) Six Months Ended Year Ended 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Unaurli•-""' Unaudited Unaudit111d Audited 1,417.51 2,837.33 2,524.82 5,266.19 13.01 14.00 27.56 40.79 1 430.52 2 851.33 2 552.38 5 306.98 833.40 1,455.97 1,361.79 2,712.02 (159.96) (183.33) (199.50) (309.51) 85.60 173.80 157.81 321. 75 41.60 96.92 82.16 170.45 71.29 161.57 139.80 289.68 471.17 1 014.98 884.06 1 837.36 1 343.10 2 719.91 2 426.12 5 021.75 87,42 131.42 126.26 285.23 /23.321 87.42 131.42 126.26 261.91 15.34 28.46 24.52 51.82 (4.51) 15.47 7.32 20.00 29.73 30.81 35.78 44.52 77.04 56.61 95.64 81.74 184.87 (0.26) (0.82) (0.53) (1.21) (0.261 (0.821 (0.531 /1.211 56.35 94.82 81.21 183.66 37.46 58.05 50.03 122.57 18.89 36.77 31.18 61.09 56,35 94.82 81,21 183.66 (0.46) 0.64 (0.93) (1.48) 0.12 (0.16) 0.24 0.19 3.11 (3.64) 3.68 5.43 /0.791 0.92 /0.931 /1.371 1.98 (2.241 2.06 2,77 0.86 {0.88) 0.77 0.91 1.12 /1.36 1.29 1.86 1.98 (2.241 2.06 2.77 58.33 92.58 83.27 186.43 38,32 57.17 50,80 123.48 20.01 35.41 32.47 62.95 58,33 92.58 83,27 186.43 53.40 53.49 53.40 53.46 890.18 2.83 4.40 3.79 9.27 2.82 4.40 3.78 9.25 (0.02) (0.06) (0.04) (0.09) (0.02) (0.06) (0.04) (0.09) 2.81 4.34 3.75 9.18 2.80 4.34 3.74 9.16 For A(,¥.ind Fashions limited CORPORATE OFFICE: 8th Floor, DuParc Trinitv, No.17, Bangalore - 560 001. Karnataka, India. Phone : + 91 80 4155 0601
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L Arvmo .fASJ.--j Ions www.arvindfashions.com Consolidated Unaudited Balance Sheet as at September 30 2026 ' Sr Particulars no. ASSETS 1 Non-current assets (a) Property, Plant and Equipment (b) Capital work-in-progress ( c) Right-of-use asset ( dl Goodwill on consolidation (e) Other Intangible assets (f) Intangible assets under development (g) Financial assets (il Loans (ii) Other financial assets (hl Deferred tax assets (net) (Refer Note 8) (il Non Current tax assets (net) (i) Other non-current assets Total Non-current Assets 2 Current assets (al Inventories (b) Financial assets (il Trade receivables (ii) Cash and cash equivalents (iii) Bank balance other than (ii) above (iv) Loans (v) Others financial assets ( c) Other current assets Total Current Assets Tota I Assets EQUITY AND LIABILITIES 1 EQUITY (al Equity share capital (b) Other equity Total Equity 2 Non controlling Interest LIABILITIES 3 Non-current liabilities (al Financial liabilities (i) Borrowings (ii) Lease Liabilities (iii) Other financial liabilities {b) Provisions ( cl Other non-current liabilities Total Non-current Liabilities 4 Current liabilities (al Financial liabilities (i) Borrowings (ii) Lease Liabilities (iii) Trade payables al total outstandinq dues of micro enterprises and small enterprises b) total outstanding dues of creditors other than micro enterprises and small enterprises (iv) Trade credits (v) Other financial liabilities (bl Other current liabilities ( c) Provisions (dl Current Tax Liabilities (net) (el Liabilities directly associated with Assets classified as held for sale Bengaluru November 02, 2026 REGISTERED OFFICE: Arvind Fashions Limited Arvind Lirr',ited Premises, Naroda Road, Ahmedabad - 382 345, Gujarat, India. Phone • +91 79 6826 8000 Email : info@arvindfashions.com CIN: L52399GJ2016PLC085595 Total Current Liabilities Total Equity and Liabilities (� in Crores) As at As at 30.09.2026 31.03.2026 Unaudited Audited 227. 74 204.13 34.34 3.85 842.16 723.14 111.23 111.23 37.29 41.68 0.25 - 0.04 0.09 88.50 82.94 223.07 229.64 26.46 36.53 8.24 4.77 1 599.32 1 438.00 1,572.89 1,389.56 844.03 751.58 88.42 50.81 18.63 13.10 0.36 0.42 59.53 60.13 608.32 512.18 3 192.18 2 777.78 4 791.50 4 215.78 53.49 53.46 925.30 890.18 978.79 943.64 252.28 216.87 105.02 104.92 734.67 611.43 112.91 107.15 30.69 27.71 0.20 0.32 983.49 851.53 584.75 426.42 196.57 193.11 164.30 156.14 868.72 728.47 551.42 502.46 103.87 95.70 72.52 73.67 11.81 11.05 10.56 5.13 12.42 11.59 2 576.94 2 203.74 4 791.50 4 215.78 For Arvind Fashions Limited CORPORATE OFFICE: 8th Floor, DuParc Trinity, No.17, Bangalore - 560 001. Karnataka, India. Phone • + 91 80 4155 0601
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L Arv,no tl\Sj...jlOns www.arvindfashions.com Consolidated Unaudited Statement of Cash Flows for Six Months ended September 30, 2026 Particulars A Cash flow from Operating activities Profit/ (Loss) before tax Continuing Operations Discontinued Operations Profit/(Loss) for the period from Continuing Operations and Discontinued Operations before tax Adjustments to reconcile profit before tax to net cash flows: Depreciation and Amortisation expense Interest Income Fina nee Cost Allowance of doubtful debts Allowance of doubtful Deposits Gain on reassessment of lease (Profit)/Loss on Sale of Property, Plant & Equipment (Net) Share based payment expense Provision/ (Reversal) for Non-moving Inventory and Returnable assets B C Net unrealised foreign exchange (gain) / loss Loss/(Gain) of mark to market of derivatives financial instruments Operating Profit before Working Capital Changes Adjustment for Changes in Working Capital : (Increase) / Decrease in Inventories (Increase) / Decrease in Trade receivables (Increase) / Decrease in Other assets (Increase) / Decrease in Other financial assets Increase/ (Decrease) in Trade payables and Trade credits Increase/ (Decrease) in Other liabilities Increase/ (Decrease) in Other financial liabilities Increase/ (Decrease) in Provisions Net Changes in Working Capital Cash Generated from Operations Income Taxes paid (Net of Income Tax refund) Net Cash flow from / (used in) Ooeratino Activities (A) Cash Flow from Investing Activities Purchase of Property, Plant & Equipment and Other Intangible assets Proceeds from sale of Property, Plant & Equipment Changes in other bank balances not considered as cash and cash equivalents Loan (given)/received back (net) Interest Received Net cash flow from / (used in) Investing Activities (BJ Cash Flow from Financing Activities Proceeds from issue of equity shares Proceeds from share application money Purchase of Treasury Shares by ESOP Trust Proceeds from long term borrowings Repayment of long term borrowings Proceeds/ (Repayment) of short term borrowings (net) Principal payment of Lease Liabilities Interest paid on Lease Liabilities Dividend Paid to Equity holders of the Parent Dividend Paid to Non Controlling Interest Finance Cost Paid Net Cash flow from / (used in) Financino Activities (CJ Net Increase/(Decrease) in cash & cash eouivalents (A) +(B)+(C) Cash & Cash equivalents at the beginning of the period Cash & Cash eauivalents at the end of the period Reconciliation of Cash & Cash equivalents: Particulars Cash and cash equivalents comprise of: Cash on Hand Balances with Banks Cash and cash eouivalents Bengaluru November 02, 2026 REGISTERED OFFICE: Arvind Fashions Limited Arvind Limited Premises, Naroda Road, Ahmedabad - 38 2 345, Gujarat, India. Phone : +91 79 6826 8000 Email : info@arvindfashions.com CIN: L52399GJ2016PLC085595 1 (� in CroresJ Six Months ended Six Months ended 30.09.2026 30.09.2025 Unaudited Unaudited 131.42 126.26 (0.82) (0.53) 130.60 125.73 161.57 139.80 (8.33) (8.39) 96.92 82.16 0.64 9.07 - 0.04 (1.79) (11.93) 0.37 0.16 5.23 1.04 4.75 (3.31) 0.06 0.56 1.54 (0.02) - 260.96 209.18 391,56 334.91 (182.59) (196.15) (92.79) (215.46) (101.67) (47.81) (13.39) (10.13) 197.83 292.92 (1.27) (1.84) 19.02 (23.67) 4.38 3.48 (170.48) (198.66) 221.08 136.25 (12.95) (16.90) 208.13 119.35 (103.97) (54.62) 0.70 0.26 (5.79) (2.96) 0.11 0.20 3.70 5.28 (105.25) (51.84) 1.91 5.57 0.06 (7.76) - 19.75 40.00 (15.79) (7.72) 154.47 18.63 (98.33) (87.60) (46.70) (41.55) (21.38) (21.35) - (50.03) (51.44) (42.61) (65.27) (186.60) 37.61 (119.09) 50.81 150.88 88.42 31.79 Six Months ended Six Months ended 30.09.2026 30.09.2025 Unaudited Unaudited 0.55 0.01 87.87 31.78 88.42 31.79 For ArviDd Fi9shions Limited CORPORATE OFFICE: 8th Floor, DuParc Trinity, No.17, Bangalore - 560 001. Karnataka, India. Phone:+ 91 804155 0601
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L ArVIno +ASl-l1ons www.arvindfashions.com Notes: 1 The above consolidated unaudited financial results relate to Arvind Fashions Limited ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as ("the Group") and are prepared in accordance with Indian Accounting Standards as prescribed under section 133 of the Companies Act, 2013, read with the relevant rules issued thereunder, and other accounting principles generally accepted in India. 2 The above consolidated unaudited '1nancial results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on November 02, 2026 in terms of Regulation 33 of the SEBI (listing Obligations and Disclosure Requirements) Regulation 2015. 3 The Group is primarily engaged in the business of manufacturing and trading of Branded Apparels (Garments and Accessories) which in the terms of Ind AS 108 on 'Operating Segments', constitutes a single reporting segment. 4 ESOP Share Allotment: Pursuant to various Employees Stock Option Schemes, followinq equity shares of Rs. 4/- each were allotted to the option qrantees: 5 Discontinued Operations During the year ended March 31, 2024, Arvind Lifestyle Brands limited (ALBL), a wholly owned subsidiary, discontinued the Aeropostale and Ed Hardy brands. These are classified as discontinued operations as per Ind AS 105. :ra, Total Income (b) Total Exnense 0.41 d Profit / (Loss) Before tax f0.41) d) Tax Exoense / (Credit) e) Profit/ (loss) for the period from Discontinued Operations (c) - (d) f0.41) f' in Crores ua"rte"r\,Eltded '"H>SG\:: /i;,(f�;,•,·Sbi:'.Months .Ended • .. ,Yeaf<Ended ,c,30,06.2026 30.09.202s>, >:io.o9.'2026i, ,;: 3o.o9.202s, >31.03.2026", 0.41 0.26 0.82 0.53 1.21 f0.41) f0.261 10.821 (0.531 (1.21) (0.41) f0.26) f0.82) f0.53) (1.21) 6 On November 21, 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws (collectively, the "New Labour Codes"). Based on assessment, the Group has recognised a one-time incremental provision towards gratuity and compensated absences payable to its own employees and contract workforce, aggregating to 23.32 crores for the year ended March 31, 2026, which has been presented as an Exceptional item in the Statement of Consolidated Financial Results. 7 During the year ended March 31, 2026, the Group entered into a Share Purchase Agreement ("SPA") with F!ipkart India Private Limited ("Setler") to acquire its entire 31.25% stake, on a fully diluted basis, in Arvind Youth Brands Private Limited ("AYBPL'') for Rs. 135.00 crore, and the transaction was completed on December 29, _2025. The excess of consideration over the carrying value of the non-controlling interest amounting to Rs. 131.56 crore has been adjusted against retained earnings, consequent to which AYBPL became a wholly owned subsidiary of the Group. 8 The management of the Parent has opted to exercise the option under Section 115BAA of the Income Tax Act, 1961. Consequently, the Parent has remeasured its deferred tax assets and liabilities using the tax rate specified in the section, resulting in a deferred tax charge of Rs. 6.19 crores. Further, a deferred tax credit of Rs. 3.08 crores has been recognised on the remeasurement of deferred tax related to inter-company return provisions upon consolidation. The full impact of this change has been recognised in the Statement of Consolidated Financial Results for the year ended March 31, 2026. Bengaluru November 02, 2026 REGISTERED OFFICE: Arvind Fashions Limited Arvind Limited Premises, Naroda Road, Ahmedabad - 382 345, Gujarat, India. Phone : +91 79 6826 8000 Email : info@arvindfashions.com CIN: L52399GJ2016PLC085595 For Ar. in6ashions Limited CORPORATE OFFICE: 8th Floor. DuParc Trinity, No.17, Bangalore - 560 001, Karnataka, India, Phone _ + 91 80 4155 0601
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PRESS RELEASE Arvind Fashions Ltd. announces highest ever revenue as well as EBITDA, delivers revenue growth of 10.0%, EBITDA growth of 15.5% Bengaluru, Nov 2, 2026: Arvind Fashions Limited (AFL), India’s No.1 casual and denim player, has declared its financial results for the second quarter of FY27 ended Sept 30, 2026 Key Highlights for Q2 FY27 • Revenue grew by ~10.0% to Rs. 1,559 Crs compared to Rs. 1,418 Crs in Q2 FY26 aided by 15.4% growth in retail & higher marketing investments. Adjusted for festive shift & online tower events, overall growth is ~15% in Q2. • Direct channel contributed 53% of the company’s revenue (up by ~380 bps Y-o-Y). Sharp retail execution and direct channel focus resulted in a strong L2L of 7.3% and an online B2C growth of ~28%. Adjusted for festive/ online tower event shift, retail LTL is 10% and B2C growth is 45%. • Better channel mix, strong LTL and lower discounting led to gross margin expansion of 136 bps to 53.9%. • On a Pre-Ind AS basis, EBITDA & PAT grew by 18% by 38% respectively. • On a Post-Ind AS basis, EBITDA grew by 15.5% to Rs. 216 Crs compared to Rs. 187 Crs in Q2 FY26. EBITDA margin improved by ~67 bps to 13.9%. • PAT* growth of 29.6% to 49 Crs compared to 38 Crs in Q2FY26. • GWC days & NWC days remained stable at 157 days & 65 days respectively. Commenting on the performance of the company, Ms. Amisha Jain, MD & CEO said “Q2 delivered another quarter of profitable growth, with revenue up 10.0% and EBITDA up 15.5%. Adjusted for the shift in the festive season and online tower events, underlying growth was ~15%, in line with our guidance. Delivering this against a volatile macro backdrop reflects the strength of our marquee brands and the consistency of our execution. Working capital remained healthy at 65 days. Looking ahead, we remain watchful of external macro-economic factors like inflation, geopolitical developments, potential El Nino effect & repo rates changes. We are confident of sustaining our growth trajectory, with our focus firmly on accelerating profitable growth across our marquee brands, deepening consumer engagement and increasing the share of direct channels, while driving efficiency across the business.” Consolidated Financial Performance Summary About AFL Arvind Fashions Ltd is India's no. 1 casual and denim player, a lifestyle powerhouse with a strong portfolio of fashion brands catering to consumers across the sub-categories and price points. With a host of renowned brands, both international and indigenous, like U.S. Polo Assn., Arrow, Tommy Hilfiger, Calvin Klein and Flying Machine, it has presence across lifestyle brands. For more information, please contact: Girdhar K Chitlangia Chief Financial Officer Arvind Fashions Limited girdhar.c@arvindfashions.com Mobile: +91 97020 75555 Rs. Crore Q2 FY27 Q2 FY26 Y-o-Y Growth H1 FY27 H1FY26 Y-o-Y Growth Revenues 1559 1418 10.0% 2837 2525 12.4% EBITDA 216 187 15.5% 376 321 17.2% PAT* 49 38 29.6% 59 51 16.4% * For continuing business
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Disclaimer: This document by Arvind Fashions Limited (‘the Company’) contains forward-looking statements that represent our beliefs, projections and predictions about future events or our future performance. These forward-looking statements are necessarily subjective and involve known and unknown risks, uncertainties and other important factors that could cause our actual results performance to differ materially from any future results or performance described in or implied by such statements. The forward-looking statements contained herein include statements about the Company’s business prospects, its ability to attract customers, its expectation for revenue generation and its outlook. These statements are subject to the general risks inherent in the Company’s business. These expectations may or may not be realized. Some of these expectations may be based upon assumptions or judgments that prove to be incorrect. In addition, the Company’s business and operations involve numerous risks and uncertainties, many of which are beyond the control of the Company, which could result in the Company’s expectations not being realized or otherwise materially affect the financial condition, results of operations and cash flows of the Company. The forward-looking statements are made only as of the date hereof, and the Company does not undertake any obligation to (and expressly disclaims any obligation to) update any forward-looking statements to reflect events or circumstances after the date such statements were made, or to reflect the occurrence of unanticipated events.