The VIP Industries stock had a stellar run till January but is now down 20 percent from its 52-week high in the last one month. Weakness in the rupee has hit their business as 70 percent of their revenue comes from soft luggage that is imported from China. In an interview to CNBC-TV18, Dilip Piramal, Chairman of VIP Industries spoke about the latest happenings in his company and sector.

Prices will get reduced if GST comes down to 18% from 28%: VIP Industries

If goods and services tax (GST) is 28 percent and it comes down to 18 percent, prices will automatically get reduced and will be passed on to the consumers, Dilip G Piramal, Chairman of VIP Industries said.

Planning to diversify; will increase production in Indian region: VIP Industries

The VIP Industries stock has been up 30 percent in the last three months. In an interview to CNBC-TV18, Dilip G Piramal, Chairman of the company spoke about the latest happenings and how business is panning out.

Note ban hit some segments, but biz returning to normal now: VIP

Some business segments of VIP Industries were adversely affected by demonetisation but things are getting back to normal, says Chairman Dilip Piramal who spoke exclusively to CNBC-TV18.

Optimistic about festive season sales this year: VIP

In an interview with CNBC-TV18, VIP Industries Chairman Dilip G Piramal talked about his outlook on the festive season and business in general.

VIP banks on high-profile ad campaigns to drive sales momentum

The past several quarters for VIP Industries have fared well for the company, thanks in part to a series of high-profile campaigns the company has come out with starring Hrithik Roshan, Varun Dhawan and Alia Bhatt, says Chairman Dilip Piramal.

Rs 100cr sales target by 2017 for Caprese: VIP Industries

CNBC-TV18‘s Pavni Mittal caught up exclusively with company MD Radhika Piramal to understand how she plans to achieve that target.

Expect FY15 revenue growth at 12-15%: VIP

Dilip Piramal, chairman, VIP says the company is likely to see good numbers in the days to come as Q1 FY15 is seasonally a strong quarter.

May hike rates in Oct; margins will be hit on Re fall: VIP

The company had raised prices in April and August. It might undertake another price hike in October after assessing the current situation.

To hike prices this month, eyeing 100 bps margin rise: VIP

VIP Industries, one of the biggest luggage makers had recently launched new product in its line up. Generally, April-May-June quarter is the most important quarter for the company.

See 40-50% growth in profit before tax in FY12: VIP Inds

VIP Industries had shown smart growth in FY11 net profit. It grew 83.64% at Rs 88.7 crore, compared to Rs 48.3 crore in 2009-10. In an interview with CNBC-TV18, the company’s chairman Dilip Piramal says, he sees 40-50% growth in profit before tax (PBT) in FY12.

VIP Industries confident of achieving strong topline growth

Dilip G Piramal, Chairman, VIP Industries in an interview with CNBC-TV18 spoke about the latest happenings in the company and the road ahead.

Promoters not looking to sell their current holding: VIP

Private equity major Blackstone India has bought the 2% stake in VIP Industries through an open market transaction. The entire share buy is valued at around Rs 36-40 crore.

VIP Industries eyes more market share with new products

In an interview with CNBC-TV18, Dilip Piramal, chairman of VIP industries said,"We are looking forward to very good next year, followed by equally successful growth in the current year where we will have about 20% growth."