India's Arvind Fashion down after Q1 loss widens

ARVIND FASHIONS

10/08/2023 09:09

** Shares of Arvind Fashions Ltd  ARVF.NS  fall as much as
6.9% to 312.2 rupees, biggest intraday pct. loss since Dec. 23
    ** Apparel retailer's June-qtr consolidated net loss widens
to 164.3 mln rupees vs 5.1 mln rupees a year earlier, revenue
from operations rises 4%
    ** Trading volume at ~594,100 shares as of 1:30 p.m. IST,
3.3x the 30-day avg
    ** Stock down nearly 9% so far this year


 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))