Aarvee Denims & Exports slumps after CFO Ketan Uttamchand Desai resigns

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27 Mar 2025

Aarvee Denims & Exports slumps after CFO Ketan Uttamchand Desai resigns

The last working day for Ketan at the company will be Saturday, 12th April 2025.

Aarvee Denims & Exports engaged in the manufacturing and selling of denim and non-denim fabrics. The company caters to both domestic and international markets.

The company reported a standalone net loss of Rs 6.94 crore in Q3 FY25, compared with a net loss of Rs 6.60 in Q3 FY24. Revenue from operations tumbled 76.8% year on year to Rs 5.94 crore in Q3 FY25.

As of 27 March 2025, the company's market capitalization stood at Rs 321.40 crore on the BSE.