Arvind’s jeans business is running at full capacity, Punit Lalbhai, Executive Director, told CNBC-TV18.

The textile manufacturer reported good earnings for the September-ended quarter, which saw margin expansion and fabric volumes exceed pre-COVID-19 levels.

“Our jeans and essentials businesses are at full capacity. It's the shirts business and the knits business which were started before COVID-19 that are at lower levels of utilization. But our forward bookings in both these are significantly higher than in the past," Lalbhai said.

Also Read: Arvind SmartSpaces sees demand revival; targets Rs 1,000 cr topline by FY25

On margins, he said, “The entire inflationary environment has been challenging over the last six months. Despite that, we have been able to deliver these margins, which is heartening and we would like to continue this trend.”

Also Read: Textile stocks gain after Cabinet clears Mega Investment Textile Parks scheme

According to him, the current volumes are higher than pre-COVID-19 levels. “We are currently doing volumes that are slightly higher than pre-COVID levels. The real point to focus on is that we are at all-time highs of capacity utilisation and a very strong demand forecast,” said Lalbhai.

For the entire management interview, watch the video

(Edited by : Thomas Abraham)