Arvind Ltd (BOM:500101)
₹ 390.7 5.1 (1.32%) Market Cap: 102.22 Bil Enterprise Value: 115.69 Bil PE Ratio: 30.38 PB Ratio: 2.89 GF Score: 76/100

Q1 2020 Arvind Ltd Earnings Call Transcript

Aug 06, 2019 / 11:00AM GMT
Release Date Price: ₹53.75 (-3.59%)
Operator

Ladies and gentlemen, good day, and welcome to the conference call for analysts and investors for post result discussions for Quarter 1 financial year 2019-2020, Arvind Limited. (Operator Instructions)

I now hand the conference over to Mr. Samir Agrawal. Thank you, and over to you, sir.

Samir Agrawal
Arvind Limited - Chief Strategy Officer

Thank you. Good afternoon, and thank you for participating in the Q1 FY 2020 earnings call of Arvind Limited. My name is Samir Agrawal, and I head strategy for Arvind Limited. Joining me is Mr. Jayesh Shah, Executor Director and our Group CFO.

Our results this quarter were broadly in line with our plan of modest top line growth and reduced earnings compared to the Q1 of the previous financial year. As you all are aware, we've been operating in quite difficult market conditions over the past few months, characterized by relatively weak consumer sentiment and credit trends, which impacts our business to the pay channels adversely.

In addition to this general market environment, apparel markets, and

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot