business

Goodricke Group says price hike will cover new expenses

Talking about the company’s entry into FMCG space and expected growth target this year, Arun N Singh, MD (Operations) and CEO of Goodricke Group says that the “only significant expenditure will be the new vessels due.” He further says “though the expense will affect bottom-line, the increase in prices will take care of this expenditure.”

first published: May 9, 2011 04:09 pm