Moneycontrol PRO

business

Power sales will increase by 200% in FY12: Shree Cements

In an interview with CNBC-TV18, HM Bangur, MD, Shree Cements says, FY11 revenues are almost flat. “FY12, we don’t expect anything better, almost similar result will be there,” he adds. He further says, in FY12, power sales will increase by 200%.

first published: May 27, 2011 05:15 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347