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The retailer has been struggling to get its services back to normal after a cyber-attack in April.
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News and Media
Foreign Institutional Investors (FIIs) have significantly increased their investments in Indian equities, with net purchases of Rs 23,778 crore through May 16, 2025, following a shift in April. This buying momentum is fueled by easing geopolitical tensions, improved global trade relations, and India's robust growth prospects. Experts anticipate continued FII buying, supported by controlled inflation and expected rate cuts.
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Arvind Fashion Ltd faced a significant standalone net loss of Rs17 crore in Q4, a 192% yoy decline, despite a 13.7% revenue increase to Rs150 crore. However, FY25 saw a strong recovery with a net profit of Rs37.8 crore, driven by strategic execution, focus on womenswear and innerwear, reduced discounting, and retail channel growth.
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