Representative image CK Venkataraman, MD, Titan Company, says the profits took a big dip in Q2 and substantially on account of the losses that they had called out in their last quarterly call relating to the customs duty drop. When Titan imports gold through gold on lease, the customs duty part of that price of…
Sivaramakrishnan Ganapathi, MD, Gokaldas Exports, says this year on the low base of last year, there is a growth. Also, the retail-led demand continues to pull up the sector and there is also a move from Western companies to source more from India and that is getting more pronounced when the demand is coming back,…
Gunjan Shah, MD & CEO, Bata India, says: “We have just started the first Power EBO, but we are very clear this is a long-term investment for us. We feel that this is something that can succeed. Our proposition is very clear, we want to bring in global technology in a democratic manner, make sure…
Shailesh Chaturvedi, MD & CEO, Arvind Fashions Shailesh Chaturvedi, MD & CEO, Arvind Fashions, says “the markets are behaving the way they were behaving in Q3 and we hope that we will continue to grow our offline channel at close to 10% growth. We have done a destocking in our B2B online wholesale business and…
Harit Zaveri, joint MD, RBZ Jewellers Harit Zaveri, Joint MD, RBZ Jewellers, says “as a company, we always imagine that in whichever segment we are in, let us first, you know, at least we have a headroom of 3X. You know, let us say the retail store is right now doing 135 to 140 crore,…
Sanjay Banka, CFO Senco Gold Sanjay Banka, CFO, Senco Gold, says “the next two quarters will not be better than the first half. If we look at the past trends, the major sales happen up to Dhanteras. We have already seen around 26-27% year-on-year growth till today. The next quarters are likely to take the…
Ashok Sonthalia, CFO, Titan Ashok Sonthalia, CFO, Titan Company, says “the mid premium, premium, high value segments are showing very good traction, good demand and growth rates are very high in those segments. The growth in consumer numbers is also high. Entry level demand is a little bit dull still. I would say the whole…
Nissan Joseph, CEO, Metro Brands, says “the fortunate thing we have is in India the population and the growth is so much that it is really not a zero sum game where I can’t grow as competition opens up. It really is an end game where we can all grow. It is a matter of…
