Shipments to major markets, including Mexico, Honduras, the Dominican Republic, Canada, the Netherlands, the United Kingdom and China, contracted, with declines of up to **.** per cent. Exports to Mexico fell *.** per cent to $*,***.*** million, pointing towards slower manufacturing activity in its export-oriented apparel sector, which relies heavily on US yarns and fabrics. Weakness in Honduras and the Dominican Republic similarly mirrors subdued orders. Among the top ten markets, US exports to China fell **.** per cent. No market recorded an increase in shipments.

During the period, the US shipped textiles worth $*,***.*** million to Canada, $***.*** million to Honduras, $***.*** million to the Netherlands, $***.*** million to China, $**.*** million to Guatemala, and $***.*** million to the Dominican Republic, underscoring North America’s continued dominance as the primary export market. However, the decline in shipments to China highlights ongoing structural shifts, as China increasingly produces upstream textile inputs domestically and prioritises self-sufficiency amid trade and policy considerations.

For full fiscal 2026 (FY26), revenue rose by 14 per cent year-over-year (YoY) to ₹5,266 crore (~$557.31 million). The growth was driven by superior retail execution, store expansion, 8.1 per cent LTL growth, and robust performance in online direct-to-consumer (DTC) channels.

Arvind Fashions Limited has reported strong FY26 growth, with revenue rising 14 per cent to ₹5,266 crore (~$557.31 million) and EBITDA increasing 17 per cent, supported by retail expansion, robust DTC sales, and improved margins.
PAT stood at ₹124 crore (~$13.12 million) against a loss last year.
Q4 revenue rose 14.8 per cent to ₹1,365 crore, while EBITDA grew 19.2 per cent.

Commenting on the performance, Amisha Jain, managing director and CEO of Arvind Fashions, said, “FY26 marked another strong year with consistent revenue and profit growth, reflecting the company’s earnings strength and improved capital efficiency.”

The gross margin expanded by 91 basis points (bps) to 54.4 per cent due to a richer channel mix, lower discounting, and sourcing gains. EBITDA increased by 17 per cent to ₹705 crore (~$74.61 million), while EBITDA margin improved by 40 bps to 13.4 per cent.

The company reported FY26 profit after tax (PAT) of ₹124 crore (~$13.12 million) against a loss of ₹34 crore in FY25. Excluding exceptional impacts, PAT from continuing operations rose by 62 per cent to ₹139 crore from ₹85 crore in the previous year, Arvind Fashions said in a press release.

Meanwhile, in the fourth quarter (Q4) of FY26, revenue increased by 14.8 per cent year-on-year (YoY) to ₹1,365 crore (~$144.46 million). The growth was supported by 7.8 per cent LTL growth and strong momentum across direct retail channels.

EBITDA for the quarter rose by 19.2 per cent to ₹189 crore (~$20 million) from ₹159 crore in Q4 FY25. EBITDA margin improved by 50 bps to 13.9 per cent, aided by a 20 basis-point increase in gross margin to 54.1 per cent, supported by higher full-price sell-through and lower retail discounting.

The company posted PAT of ₹47 crore in Q4 against a loss of ₹93 crore in the same quarter a year ago. Excluding the impact of code on wages and exceptional deferred tax asset (DTA) adjustments of ₹120 crore in Q4 FY25, PAT from continuing operations increased by 56 per cent to ₹42 crore from ₹27 crore.

The company said inventory freshness reached an all-time high, while net working capital days remained stable at 64 days. Return on capital employed (ROCE) improved by more than 300 bps YoY to 23.5 per cent.

“Looking ahead, our focus remains on accelerating growth across our marquee brands by expanding into adjacent categories, deepening consumer engagement through increased brand investments and increasing the share of direct channels by elevating brand experience,” added Jain.

She further said that continued investments in technology, artificial intelligence, and a nimble supply chain would support the company’s long-term growth strategy.

Fibre2Fashion News Desk (SG)

Exports increased by 1.9 per cent year on year (YoY) and imports rose by 7.2 per cent YoY in the month, according to provisional data.

German exports in March were up by 0.5 per cent month on month (MoM) and imports rose by 5.1 per cent MoM on a calendar- and seasonally-adjusted basis.
Exports increased by 1.9 per cent YoY and imports rose by 7.2 per cent YoY in the month.
Most German exports in March this year went to the US, with goods exports totalling €11.2 billion—a drop of 7.9 per cent MoM and 21.4 per cent YoY.

After calendar and seasonal adjustment, Germany exported goods to the value of €135.8 billion and imported goods to the value of €121.5 billion in March. The foreign trade balance thus showed a surplus of €14.3 billion in the month.

The calendar- and seasonally-adjusted foreign trade balance stood at €19.6 billion in February this year. In March 2025, the balance was €19.9 billion.

On a calendar- and seasonally-adjusted basis, Germany exported goods worth €78.4 billion to the member states of the European Union (EU) in March, while it imported goods to the value of €61 billion from these countries during the period.

Calendar- and seasonally-adjusted exports to EU countries rose by 3.4 per cent MoM and imports from these countries increased by 3 per cent MoM in March.

The value of the goods exported to euro area countries in March totalled €54.8 billion (plus 4.1 per cent MoM), and the value of the goods imported from these countries was €40.8 billion euros (plus 1.7 per cent MoM).

Goods worth €23.6 billion (plus 1.7 per cent MoM) were exported to EU countries not belonging to the euro area, while the value of the goods imported from those countries was €20.1 billion (plus 5.7 per cent MoM).

Exports of goods to countries outside the EU (third countries) in the month amounted to €57.4 billion, while imports from those countries totalled €60.5 billion on a calendar- and seasonally-adjusted basis. Compared with February 2026, exports to third countries fell by 3.3 per cent and imports from those countries increased by 7.4 per cent.

Most German exports in March this year went to the United States, with goods exports totalling €11.2 billion after seasonal and calendar adjustment—a drop of 7.9 per cent MoM and 21.4 per cent YoY.

Month on month, exports to the United Kingdom rose by 3.2 per cent to €7.4 billion. In March, exports to China decreased by 1.8 per cent MoM to €6 billion.

Most imports in March 2026 came from China. Goods to the value of €15.6 billion were imported from there, after calendar and seasonal adjustment. This was an increase of 4.9 per cent MoM.

Imports from the United States dropped by 3.7 per cent MoM to €8.0 billion. Imports from the United Kingdom increased by 11.7 per cent MoM to €3.5 billion during the same period.

Fibre2Fashion News Desk (DS)