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 2024 Arvind Ltd Earnings Call Transcript

Oct 31, 2023 / 09:00AM GMT
Release Date Price: ₹195.95 (+10.05%)
Operator

Ladies and gentlemen, good day, and welcome to the Arvind Limited Q2 FY '24 Earnings Conference Call. (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 all for participating in today's call to discuss the second quarter results of Arvind Limited for the financial year FY 2024. Joining me today is Mr. Punit Lalbhai, Vice Chairman of Arvind Limited and Executive Director on the Board; Mr. Jayesh Shah, Group CFO and Executive Director; Mr. Nigam Shah, who is CFO Designate; our Head of Investor Relations, Mr. Satya Prakash Mishra.

Before I get into the results and read those out, I'd just take a couple of minutes to share the observations we are having on the macro environments that is relevant for our businesses. Consumer demand in key markets like U.S., U.K., Europe continues to be tepid given high interest rates, food and energy prices. Continuing war in Europe and new uncertainties in

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