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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Q3 2020 Arvind Ltd Earnings Call Transcript

Jan 31, 2020 / 10:30AM GMT
Release Date Price: ₹42.65 (+0.24%)
Operator

Ladies and gentlemen, good day, and welcome to the conference call for analysts and investors for post-results discussion for quarter 3 financial year 2019-'20, Arvind Limited. (Operator Instructions) Please note that this conference is being recorded.

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 to all of you, and thank you for joining in this Q3 FY 2020 Earnings Call for Arvind Limited. With me today is Mr. Jayesh Shah, Executive Director and Group Chief Financial Officer.

Our results this quarter were very much in line with our plan, and we saw a clear improvement in our earnings as compared to the same period last year. More importantly, our performance improved in comparison with the previous 4 trailing quarters as well.

Broader sentiment and consumer market conditions continue to be challenging in India. Credit crunch continues to adversely impact our business through trade channels, and we are seeing

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