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Arvind Fashions Ltd Q4 FY22 Earnings Concall Insights
#ARVINDFASN #ARVINDFASNQ4 #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #StockToWatch #finance #stockmarket #markets
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#ARVINDFASN #ARVINDFASNQ4 #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #StockToWatch #finance #stockmarket #markets
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Despite two COVID waves, AFL grew revenues 32%, and reduced net debt by more than INR525 crores in the year. Expects retail and online channels to continue to drive growth and account for 60% to 65% of overall sales.
Q&A Insights: Nishit Rathi of CWC asked if US Polo, Tommy, Arrow, and Flying Machine, those will reach double-digit. Shailesh Chaturvedi MD said AFL’s guidance is that it should hit total portfolio double-digit pre-IndAS EBITDA in 12 to 18 months.
