Sanjay Lalbhai

Arvind Ltd to demerge and list engineering, apparel businesses by September: Kulin Lalbhai

The Executive Director says demerger part of the strategy to push group revenues to Rs 20,000 crore in 4-5 years.

Will reduce debt to Rs 2400-2800 cr by end of FY17: Arvind's CMD

Confident about brand & retail (B&R) business; December sales have surprised us, says Sanjay Lalbhai, CMD of Arvind.

Arvind plans to unlock value from cash-generating biz

Speaking to CNBC-TV18, Sanjay Lalbhai, CMD of Arvind said that the company has few cash-generating businesses, which can be unlocked for value to shareholders. These can either be given to existing shareholders or crystalised or couild be put under separate boards.

Textile policy, GST, good monsoon to boost sentiment: Arvind

All the retail formats (Aeropostale, Sephora, GAP etc) are going as per plans. At the store level, profitability is good, like-to-like growth is healthy too, said Sanjay Lalbhai, CMD, Arvind.

Arvind-Gap stitch a deal; to open stores from May 2015

American apparel retailer Gap, popular for its khakhi pants and smart denims, is making its Indian debut. The USD 16 billion revenue company has tied up with Arvind lifestyle brands, the subsidiary of Gujarat-based textile and apparel giant Arvind. The plan is to roll out stores from mid-2015 with a target of 40 stores.

Arvind takes franchise of The Children's Place

Commenting on the development Arvind Ltd CMD Sanjay Lalbhai said:" The Children's Place will be the first of its kind Children's retail format in India. It will be a one stop for children from infants to 14 years olds". The Children's Place President and CEO Jane Elfers said:"

'Rupee strengthens, but exports in better shape than China'

Sanjay Lalbhai, chairman and managing director of Arvind does not see foreign exchange volatility impacting the company‘s earnings. He is certain that the company will be able to maintain FY14 revenue growth guidance of 27 percent.

Garment exports may improve on B'desh labour issues: Arvind

Garment manufacturer Arvind has revised its FY14 revenue guidance from 20 percent to 24 percent. The company is expecting the H1FY14 sales growth at 29.3 percent.

Q3 export realisations seen at Rs 60/$: Arvind

According to Arvind's Sanjay Lalbhai, the huge growth in textile and clothing is responsible for improvement in the margins of the company for the quarter ended September.

Rupee fall to boost industry exports by 14-20%: Arvind

Speaking to CNBC-TV18, Sanjay Lalbhai, chairman and managing director, Arvind, says the challenging situations in Bangladesh in the form of labour unrest, wage increases, compliance, etc too poses a great oppturtunity to Indian textile companies.

Will gain from rupee fall in Q3; eye Rs 500cr capex: Arvind

Arvind had taken some forward cover on the rupee and are hence yet to get the full benefit of rupee depreciation. They will be almost on par with the rupee rate in the third and the fourth quarter.

China slowdown, rupee fall make us more competitive: Arvind

Sanjay Lalbhai, chairman and managing director of Arvind expects the recent rupee depreciation to help the textile firm become more competitive. He says Europe and America are not growing, while China is witnessing slowdown.

FY14 sales to grow more than 20%; debt not a worry: Arvind

Arvind's fourth quarter consolidated net profit increased 13 percent to Rs 76 crore against Rs 67 crore, a year ago. Its consolidated total income was up 10 percent at Rs 1,406 crore as against Rs 1,278 crore, year-on-year.

Market strong; performance to improve in H2: Arvind

Confident Sanjay Lalbhai, chairman and managing director of Arvind told CNBC-TV18 that the company will perform much better in the second half of the year.

Arvind Brands targets Rs 5,000cr sales in 5 yrs

Arvind Lifestyle Brands, a unit of textile firm Arvind Ltd, expects sales of Rs 5,000 crore in the next 5 years, helped by strong growth in the existing business and acquisition of new brands.

Arvind expects operating margins to improve in Q2

In an interview with CNBC-TV18, Sanjay Lalbhai, CMD, Arvind said the company lose Rs 100 crore on sales and Rs 35 crore of profit due to the Naroda plant shutdown. The sale of branded garments were weak in may but, performance in July seems to be encouraging so far, he added.

Arvind aspires to be a $1bn company this year

Arvind's revenue was up 22.5% at Rs.1255.7 crore versus Rs.1024.9 crore. Chairman and managing director Sanjay Lalbhai expects to improve margins from current levels of 15-16% and maintain a 20% topline growth this year. The company’s revenue target for this year is USD 1 billion and USD 2 billion by FY15.

Arvind says FY12 sales to be around Rs 5000cr

In an interview with Sanjay Lalbhai, CMD of Arvind speaking about the company's quarterly performance said, "Now the price of cotton is on decline so we are very happy. Going forward we should be able to pass on this benefit to our customers and in return hope for a very strong kind of demand push."