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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Q1 2021 Arvind Ltd Earnings Call Transcript

Aug 31, 2020 / 10:15AM GMT
Release Date Price: ₹33.4 (-6.05%)
Operator

Ladies and gentlemen, good day and welcome to the conference call for analysts and investors for post-results discussion for quarter 1 financial year 2021 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, Nirav. Good afternoon to all of you, and thank you for participating in this first quarter call for FY 2021 of Arvind Limited. Joining me today is Mr. Jayesh Shah, our Executive Director and Group CFO; as well as Mr. Ashish Kumar, who is the CEO of our Garmenting as well as Advanced Materials businesses.

As you all know, this first quarter saw extraordinary business circumstances in our history. COVID-19 and associated lockdowns have had a deep impact on most businesses in practically every geography around the world. Arvind's core business being tied to a discretionary consumption got really hit hard. The good news, however, is that things have

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