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  • Demand is good; looking to double Bangladesh capacity: VIP Ind

  • Going through good times; can achieve 15% revenue growth: VIP Industries

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

  • Hope GST rate on luggage to come down to 18%: VIP Industries

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

  • All brands doing well, Skybags have highest rate of growth: VIP Industries

  • Gaining market share; currently have over 50%, says VIP Industries

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

  • Q3 won't be so good as we advertised heavily: VIP Industries

  • Optimistic about festive season sales this year: VIP

  • Will achieve 10% growth in FY17: VIP Industries

  • Expect FY17 revenues to grow in range of 10-15%: VIP

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

  • Expect to maintain margins at around 6.5%: VIP Industries

  • Expect sub-10% margin growth in H2FY16: VIP Ind

  • Hopeful of 15% topline growth in FY16: VIP Industries

  • Higher ad spends impacted Q3 margins: VIP Industries

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

  • Expect FY15 revenue growth at 12-15%: VIP

  • Contained costs in Q3; focus now on existing brands: VIP

  • See 9-10% vol growth, no price increases till Apr'14: VIP

    Dilip G Piramal, Chairman,VIP Industries is confident of maintaining margins at current levels and expects margins to improve on back of volume growth.

  • 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.

  • Expect 8% margin for FY14 due to rupee volatility: VIP

    VIP Industries' net sales were up 8 percent at Rs 327 crore against Rs 303 crore year-on-year. Also, its net profit was down 2.1 percent at Rs 23.0 crore versus Rs 23.5 crore Y-o-Y.

  • Int'l biz to recover; eye 11-12% CSD sales in FY14: VIP

    Dilip G Piramal, chairman, VIP Industries says the canteen store department (CSD) sales have normalised now and will grow by 11-12 percent in FY14.

  • 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.

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