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Management Interviews

  • Expect sugar to do well; prices to improve: Ponni Sugars

    Expect sugar to do well; prices to improve: Ponni Sugars   

    N Ramanathan, Managing Director of Ponni Sugars told CNBC-TV18 that the company has been able to crush more sugarcane and improve sugar production this year. Therefore, improvement in average realisation, in sugar production and i...

    27 Jul 2016, 2.32 pm  |  Source: CNBC-TV18

  • Uttam Galva likely to sell plants in Khopoli, Wardha

    Uttam Galva likely to sell plants in Khopoli, Wardha   

    The steel manufacturer is said to be in talks with players to sell its plants in Wardha and Khopoli and hopes to raise about Rs 7,000 crore from the sale, reports CNBC-TV18's Kritika Saxena.

    27 Jul 2016, 1.54 pm  |  Source: CNBC-TV18

  • Reduced raw material costs impacted topline: Cosmo Films

    Reduced raw material costs impacted topline: Cosmo Films   

    Pankaj Poddar, CEO of Cosmo Films said that a 20 percent fall in polypropylene prices in the quarter impacted the company’s sales by about 12 percent, given that polypropylene price decreases were passed on to customers.

    27 Jul 2016, 11.43 am  |  Source: CNBC-TV18

  • Zee hopeful of beating market growth on ad revenues

    Zee hopeful of beating market growth on ad revenues   

    The company hopes to be one of the go-to players for FMCG and other companies for advertisments, according to Mihir Modi, Chief Finance and Strategy Officer, Zee Entertainment.

    27 Jul 2016, 11.40 am  |  Source: CNBC-TV18

  • Expect 25% growth in sales this year, 20% EBITDA margin: Astec

    Expect 25% growth in sales this year, 20% EBITDA margin: Astec   

    In an interview to CNBC-TV18, Ashok Hiremath of Astec Lifesciences said the company's debt has reduced and that rating agency ICRA has upgraded the company's credit rating by 2 notches

    27 Jul 2016, 11.25 am  |  Source: CNBC-TV18

  • Deal with JSW Energy progressing well; more PPAs expected: JSPL

    Deal with JSW Energy progressing well; more PPAs expected: JSPL   

    Specifically talking about Ramchandi coal block, the MD & CEO of Jindal Steel & Power (JSPL), Ravi Uppal said that the coal block was never used by the company. However, the project related to that was cancelled post deallocation ...

    27 Jul 2016, 11.14 am  |  Source: CNBC-TV18

  • Indian assets doing well; hopeful of few launches in US: DRL

    Indian assets doing well; hopeful of few launches in US: DRL   

    For the first quarter ended June, Dr Reddy’s Laboratories missed estimates on all counts. Revenue declined 14 percent to Rs 3,222.5 crore in the quarter ended June 2016 from Rs 3,752.2 crore in same period last year.

    26 Jul 2016, 9.37 pm  |  Source: CNBC-TV18

  • To clock 10% revenue growth in FY17: LG Balakrishnan & Bros

    To clock 10% revenue growth in FY17: LG Balakrishnan & Bros   

    Net profit stood at Rs 9.5 crore against Rs 9 crore in the same quarter last fiscal and revenue stood at Rs 264.3 crore against Rs 247 crore last fiscal.

    26 Jul 2016, 4.07 pm  |  Source: CNBC-TV18

  • Bajaj Fin targets 25% balancesheet growth in medium-to-long term

    Bajaj Fin targets 25% balancesheet growth in medium-to-long term   

    Bajaj Finance expects a 25 percent growth in its balancesheet and 20 percent net income growth from a medium-to-long-term point of view, the company's Managing Director Rajeev Jain tells CNBC-TV18.

    26 Jul 2016, 3.53 pm  |  Source: CNBC-TV18

  • Associate`s poor show took a toll on Q1 numbers: NIIT

    Associate's poor show took a toll on Q1 numbers: NIIT   

    Rahul Patwardhan clarified that in the constant currency basis, the revenues from the CLG business for the first quarter of FY17 rose by 13 percent. The 19 percent rise in revenues is in rupee terms. He maintains a guidance of 15 ...

    26 Jul 2016, 3.39 pm  |  Source: CNBC-TV18

  • See mid-teen sales growth, 22-23% margins ahead: Welspun India

    See mid-teen sales growth, 22-23% margins ahead: Welspun India   

    Welspun India reported a 10.3 percent jump in its net profit to Rs 201.9 crore and 14.3 percent rise in its total income to Rs 1,592.6 crore in the first quarter of FY17. The company’s margins expanded to 26.5 percent.

    26 Jul 2016, 3.27 pm  |  Source: CNBC-TV18

  • Karur Vyasa Bank to focus on retail, sees no big jump in NPAs

    Karur Vyasa Bank to focus on retail, sees no big jump in NPAs   

    The bank reported stable first quarter numbers with 8.7 percent rise in net profit to Rs 146.3 crore while the net interest income rose 13.7 percent to Rs 481.1 crore. Gross non-performing assets (NPA) for Q1 were 1.79 percent as ...

    26 Jul 2016, 2.00 pm  |  Source: CNBC-TV18

  • We aren`t excited about acquisitions now, says Sajjan Jindal

    We aren't excited about acquisitions now, says Sajjan Jindal   

    Speaking to CNBC-TV18 Sajjan Jindal, Chairman and Managing Director of JSW Steel said that he will be focussing on adding value to steel products.

    26 Jul 2016, 1.23 pm  |  Source: CNBC-TV18

  • We have no intention to merge Jabong with co: Myntra chief

    We have no intention to merge Jabong with co: Myntra chief   

    Speaking to CNBC-TV18 about the buyout, Ananth Narayanan, CEO of Myntra said that he thinks of it as a partnership.

    26 Jul 2016, 12.54 pm  |  Source: CNBC-TV18

  • Patanjali is no threat to us: Bajaj Corp MD

    Patanjali is no threat to us: Bajaj Corp MD   

    In an interview CNBC-TV18, Sumit Malhotra, MD of Baja Corp said that the first quarter was disappointing in terms of volume growth as poor rural growth led to less consumption.

    26 Jul 2016, 11.05 am  |  Source: CNBC-TV18

  • See textile biz revenues growing 25-30% in FY17: GHCL

    See textile biz revenues growing 25-30% in FY17: GHCL   

    Volumes for soda ash volumes are expected to remain flattish at 750 tonnes on account of seasonality (rains) factor, says RS Jalan, MD of GHCL.

    26 Jul 2016, 10.57 am  |  Source: CNBC-TV18

  • Growth factor is due to consolidation, new mkts: Pincon Spirit

    Growth factor is due to consolidation, new mkts: Pincon Spirit   

    Speaking to Arup Thakur, CFO of Pincon Spirit, said the efforts undertaken by the company in the last quarter have paid off in this current quarter. New products and geographical spreads have helped the company, he said.

    26 Jul 2016, 10.28 am  |  Source: CNBC-TV18

  • Have made provisions worth Rs 585 crore: State Bank of Mysore

    Have made provisions worth Rs 585 crore: State Bank of Mysore   

    In an interview with CNBC-TV18, N Krishnamachari, MD of SBM said that the slippages for this quarter increased to Rs 1050 crore against Rs 250 crore (YoY) as many inherently weak accounts slipped.

    26 Jul 2016, 10.27 am  |  Source: CNBC-TV18

  • Eveready hit by low volumes, LED product delays in Q1: MD

    Eveready hit by low volumes, LED product delays in Q1: MD   

    Amritanshu Khaitan, Managing Director of Eveready India, attributes to the flat topline growth in the first quarter to lower batter volumes and a revenue hit on account of some delays in commissioning of LED products.

    26 Jul 2016, 10.22 am  |  Source: CNBC-TV18

  • Low cotton prices, energy costs boosted Q1 margins: KG Denim

    Low cotton prices, energy costs boosted Q1 margins: KG Denim   

    KG Denim reported a strong first quarter with margins improving to 15.2 percent and net profit rising to Rs 9.3 crore as against Rs 1.6 crore year-on-year.

    26 Jul 2016, 9.22 am  |  Source: CNBC-TV18

  • Fall in input costs cushioned drop in realisations: Tata Sponge

    Fall in input costs cushioned drop in realisations: Tata Sponge   

    However, net realisations and production costs may not change significantly in the current quarter, says DP Deshpande, MD of Tata Sponge.

    26 Jul 2016, 9.16 am  |  Source: CNBC-TV18

  • Young Turks: Round-up of events in startup world

    Young Turks: Round-up of events in startup world   

    CNBC-TV18’s show Young Turks provides a daily dose of all happenings in the world of start-ups through its start-up tracker series.

    25 Jul 2016, 10.44 pm  |  Source: CNBC-TV18

  • Intent is for watchlist to dissolve itself in 8 qrts: Axis Bank

    Intent is for watchlist to dissolve itself in 8 qrts: Axis Bank   

    Speaking to CNBC-TV18 after Axis Bank reported its first quarter results, CFO Jairam Sridharan said this quarter panned out fairly in line with his earlier guidance that 60 percent of the roughly Rs 22,000-crore watchlist could sl...

    25 Jul 2016, 7.29 pm  |  Source: CNBC-TV18

  • Asset quality under control; focus now on retail book: Canara Bk

    Asset quality under control; focus now on retail book: Canara Bk   

    Slippages during the first quarter were Rs 3,878 crore, of which Rs 648 crore was mainly in existing accounts, said Canara Bank Managing Director & CEO Rakesh Sharma.

    25 Jul 2016, 5.56 pm  |  Source: CNBC-TV18

  • Eye Rs 800 cr order book, 10% margins in FY17: Transformers

    Eye Rs 800 cr order book, 10% margins in FY17: Transformers   

    Speaking to CNBC-TV18, Jitendra Mamtora of the company said that the company’s order book stands at Rs 868 crore as of June 30. The company has Rs 200 crore worth orders in the pipeline.

    25 Jul 2016, 4.12 pm  |  Source: CNBC-TV18

  • See loan book growing 25% in FY17: Indiabulls Housing

    See loan book growing 25% in FY17: Indiabulls Housing   

    In an interview with CNBC-TV18, Gagan Banga, VC and MD of the company said that it has been able to reduce the cost of funds successfully and expects to increase its market share in the home loan segment.

    25 Jul 2016, 2.33 pm  |  Source: CNBC-TV18

  • New accounting method led to reduced Naukri rev growth:Info Edge

    New accounting method led to reduced Naukri rev growth:Info Edge   

    Chief Financial Officer, Chintan Thakkar says if the company were using old methods of accounting, the growth in Naukri.com revenues would have been around 17 percent, close to the 19 percent it has reported in the previous years.

    25 Jul 2016, 2.30 pm  |  Source: CNBC-TV18

  • Seshasayee Paper sees cost of production coming down by 10%

    Seshasayee Paper sees cost of production coming down by 10%   

    The company performance this quarter was aided by two factors: good production and controlled cost of production, says KS Kasi Viswanathan, MD of Seshasayee Paper & Boards.

    25 Jul 2016, 1.53 pm  |  Source: CNBC-TV18

  • Good monsoon, festive season likely to boost sentiment: M&M Fin

    Good monsoon, festive season likely to boost sentiment: M&M Fin   

    The company reported a subdued quarter with 2.25 percent fall in its net profit to Rs 87 crore and reduced its provisions to 30.5 percent to Rs 224.5 crore in Q1. Asset quality quarter-on-quarter deteriorated to 36.9 percent at Rs...

    25 Jul 2016, 1.00 pm  |  Source: CNBC-TV18

  • Mphasis` core business will outperform market in FY17: CEO

    Mphasis' core business will outperform market in FY17: CEO   

    In an interview with CNBC-TV18, Ganesh Ayyar, CEO and ED of Mphasis along with CFO, V Suryanarayanan gave future guidance for the company finances and its business plans.

    25 Jul 2016, 12.39 pm  |  Source: CNBC-TV18

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