Vardhman Textiles Ltd (BOM:502986)
₹ 469.2 -6.7 (-1.41%) Market Cap: 135.68 Bil Enterprise Value: 150.46 Bil PE Ratio: 18.20 PB Ratio: 1.49 GF Score: 88/100

Q1 2021 Vardhman Textiles Ltd Earnings Call Transcript

Jul 28, 2020 / 10:30AM GMT
Release Date Price: ₹126.99 (-2.29%)
Avi Mehta
IIFL Research - Assistant VP & Lead Analyst of Consumer Discretionary

Thank you, Vikram. Hi. Good evening, everyone. On behalf of IIFL, I would like to welcome all of you to the 1Q FY '21 Conference Call for Vardhman Textiles.

From the company, we have with us the key senior management, including Mr. Neeraj Jain, Joint MD; Mr. Sushil Jhamb, Director, Raw Materials; Mr. Rajeev Thapar, CFO; Mr. Mukesh Bansal, Senior Vice President, Fabric Marketing; and Mr. Akshay Jain, Finance Head.

I would now like to hand over the call to the management for their comments. Over to you, sir.

Neeraj Jain
Vardhman Textiles Limited - Joint MD, CEO of Yarn Business Operations & Executive Non-Independent Director

Thanks, Avi. Good afternoon to all of you. So welcome to this first quarter call of Vardhman Textiles. So I think first time after 9 years, 10 years, where we have posted a loss in this quarter, primarily because of the lesser utilization happened, again, caused by the pandemic.

The April was almost lockdown conditions for

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