Sanghi Industries posted steady set of Q1 results. In an interview to CNBC-TV18, Bina Engineer, Director of the company discussed the Q1 performance.
"We are expecting the delivery of our own fleet of two ships during next couple of months. So FY18 we will have the benefit of this ship and the coastal shipping for about three-four months. We should see incremental volumes from Maharashtra and Mumbai market", Bina Engineer, Director of Sanghi Industries told CNBC-TV18.
"Post-demonetisation there was a lot of anticipation that offered negative impact on the real estate and cement sector. To derisk ourselves, we had garnered aggressive export orders which helped us maintaining the volumes, topline and cash flows for Q3", Bina Engineer, Director of Sanghi Industries told CNBC-TV18.
"On the pure cement volume, we have achieved a growth of almost 10 percent from 6,02,000 to 6,63,000, which apparently has helped the margins also", Bina Engineer, Director of Sanghi Industries told CNBC-TV18.
In an interview with CNBC-TV18, Bina Engineer, Director, Sanghi Industries, discussed the company's second quarter earnings and the outlook ahead.
Bina Engineer, Director, Sanghi Industries, discusses company's future outlook.