In an interview with CNBC-TV18, Nishant Arya, executive director of Jay Bharat Maruti said, during Q1 the material cost was quite high compared to the previous year. That, he said, was one of the big reasons for the company’s margins to go down. He further said he expects around 15% growth in sales in FY12.
first published: Jul 15, 2011 03:31 pm
A collection of the most-viewed Moneycontrol videos.
Live: Nifty snaps 4-week gains, slips below 25,800 | Closing Bell
Live: Is Nifty likely to stay in profit-booking mode? | Opening Bell
Groww CEO Lalit Keshre on ₹62,000 Crore IPO, Sebi regulations, valuation expectation and more
How Income Plus Arbitrage Fund of Fund Can Help You Get Stable, Tax-Efficient Returns
