Moneycontrol
May 10, 2017 04:05 PM IST | Source: CNBC-TV18

Discounted tariff helped boost EBITDA margins: Maithan Alloys

In an interview to CNBC-TV18, Subodh Agarwalla, Wholetime Director & COO of Maithan Alloys spoke about the results and his outlook for the company.

Maithan Alloys is in focus as the company reported a strong set of Q4 earnings.

In an interview to CNBC-TV18, Subodh Agarwalla, Wholetime Director & COO of Maithan Alloys spoke about the results and his outlook for the company.

"The Andhra Pradesh government along with other governments in India through State Electricity Boards (SEBs) brought down the power tariffs to take care of power intensive industry which was reeling under pressure. So the discounted tariff that we got helped us bring down the power cost and boosted EBITDA margins," said Agarwalla.

Watch accompanying video for more details.

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