The Bombay Dyeing stock gained about twenty five percent so far in 2018. Aloke Banerjee, CEO-Retail spoke about their textile business going forward.
He said in FY18 they worked hard to reestablish the brand in the market and in MRP terms did about Rs 600 crore turnover.
Going forward they aim to grow revenues by 35-40 percent in current year with slew of new activities. Lot of investments would be into advertising the new products, he said.
Currently, the concentration is on the domestic market and exports are only to specialised countries, he said.
He is also confident of tiding through margin pressures on account of higher raw material prices. Aim to keep prices under control and not pass it on to consumers, he said
First Published:May 3, 2018 12:11 PM IST