Mandhana Ind cuts FY12 sales guidance to Rs 1,000-1,025 cr
Textile company Mandhana Industries has lowered its revenue guidance for the current fiscal year to Rs 1,000-1,025 crore from Rs 1,050-1,100 crore it had earlier expected due to delay in its planned expansion.
March 27, 2012 / 19:22 IST
Moneycontrol Bureau
Textile company Mandhana Industries has lowered its revenue guidance for the current fiscal year to Rs 1,000-1,025 crore from Rs 1,050-1,100 crore it had earlier expected due to delay in its planned expansion.For instance, Mandhana Industries' garment manufacturing unit at Baramati in Maharashtra is delayed by four-six months. This unit was to be operational by March, but will now be ready by August, Mitesh Shah, Mandhana's VP
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