For the fourth quarter Arvind has clocked in 30 per cent growth in its top line and has also reached double digit ebitda. The benefits of economies of scale have started kicking in for Arvind. Margins have moved into double digits for the first time and are expected to improve from here on as the upfront investment in fixed costs gets amortised over large volumes and the company moves into more advanced and hi-tech products.

Significant improvements in export numbers are expected since currency hedges are improving and a better rupee-dollar for exports is anticipated. Arvind is working on cost efficiency and diversifying the product mix. A denim knits range has been launched.

The advance fabric business started as an experiment but now is becoming a business vertical for Arvind. The company is very bullish about this business and hopes to close the business above Rs 600 crores this year. Very high double digit growth is expected in this business, upward of 20 per cent.

Though the denim segment has been under pressure, and continues to be under pressure due to oversupply in the industry, Arvind has been largely unaffected since it operates in segments that not all competition can operate in.