May 9, 2018 / 7:34 AM / 12 days ago

BRIEF-India's Arvind March Qtr Consol Profit Up 16 Pct

May 9 (Reuters) - Arvind Ltd:

* MARCH QUARTER CONSOL NET PROFIT 1.09 BILLION RUPEES VERSUS PROFIT OF 934.2 MILLION RUPEES LAST YEAR

* RECOMMENDED DIVIDEND 2.40 RUPEES PER SHARE

* MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 29.90 BILLION RUPEES VERSUS 24.66 BILLION RUPEES LAST YEAR

* APPROVED ISSUE OF NCDS ON PRIVATE PLACEMENT BASIS WORTH UP TO 5 BILLION RUPEES

* SAYS PROCESS OF DEMERGER PROCEEDING AS PER EXPECTATIONS, EXPECTS 3 COS TO LIST SEPARATELY WITHIN NEXT 4-5 MONTHS

* SAYS DEMAND STARTED PICKING UP IN MARCH; EXPECT SIMILAR GROWTH TREND TO CONTINUE IN COMING MONTHS Source text - bit.ly/2rvECGO Further company coverage:

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