Arvind Ltd (BOM:500101)
₹ 403.6 -2.85 (-0.7%) Market Cap: 106.38 Bil Enterprise Value: 121.79 Bil PE Ratio: 36.49 PB Ratio: 3.01 GF Score: 79/100
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Q2 2020 Arvind Ltd Earnings Call Transcript

Oct 25, 2019 / 10:30AM GMT
Release Date Price: ₹45.75 (+0.33%)
Operator

Ladies and gentlemen, good day, and welcome to the conference call for analysts and investors for post-results discussion of quarter 2 of financial year 2019-2020 of 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, and good afternoon to all of you for participating in this Q2 FY '20 earnings call of Arvind Limited. Joining me today is Mr. Jayesh Shah, who is our Executive Director and the Group Chief Financial Officer.

Our results in this quarter were very much in line with the plan, which we had laid out at the beginning of the year, and we saw a clear improvement in our earnings as compared to the first quarter. The market conditions continue to be challenging as apparel brands and retailers are trying different methods to make the best possible during this weak consumer sentiment. Credit crunch continues to adversely impact our business, which we do through the trade channels.

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