US tariffs may pressure FY26 margins, warns Arvind Ltd, delays capex plans

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The story "US tariffs may pressure FY26 margins, warns Arvind Ltd, delays capex plans" was covered 9 hours ago by Business Standard, a news publisher based in India.

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US tariffs may pressure FY26 margins, warns Arvind Ltd, delays capex plans - Business Standard

Quick Summary:

Arvind warns its FY26 margins may be affected by US tariffs; pauses non-essential capex and awaits clarity.

Following the announcement, the company’s shares dropped nearly 5 per cent, even though its profit after tax for the fourth quarter rose 52 per cent from a year earlier to Rs 151 crore ($17.64 million).

India was subject to a 26 per cent "reciprocal tariff" on its exports to the US.