Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Arvind SmartSpaces saw profits drop 65% in Q2 FY26 amid high rates and inflation, but reported strong sales growth and leadership transition on November 3, 2025.

flag Arvind SmartSpaces reported a 65% drop in net profit to ₹14 crore for Q2 FY26, with revenue falling 47% to ₹140.5 crore, citing industry headwinds from high interest rates and inflation. flag Despite the year-on-year decline, the company showed improvement sequentially, with bookings rising 147% to ₹432 crore, driven by the launch of Arvind Everland in Sanand, which generated ₹400 crore in sales. flag Collections increased 23% to ₹236 crore, and adjusted EBITDA rose 27% to ₹31 crore. flag The company also announced leadership changes, with Sanjay Lalbhai stepping down as Chairman of Arvind SmartSpaces effective November 3, 2025, and his son Kulin Lalbhai succeeding him as Chairman.

4 Articles

Further Reading