HomeNewsBusinessCompaniesRaw material prices pulled down margins: Monnet Ispat

Raw material prices pulled down margins: Monnet Ispat

Sandeep Jajodia, executive vice chairman and managing director of Monnet Ispat joins CNBC-TV18 to highlight the quarterly performance of the company. He says that though volumes have been good this quarter, margins have been affected due to high cost of raw material such as coal and iron-ore.

November 08, 2011 / 19:16 IST
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Sandeep Jajodia, executive vice chairman and managing director of Monnet Ispat joins CNBC-TV18 to highlight the quarterly performance of the company. Steel and power industries have not really been having a great time with the Karnataka ban on iron-ore mining and coal supply disruptions.


Ispat however has recorded a topline of Rs 458 crore compared to Rs 360 crore of the corresponding quarter, a growth of about 27%.
first published: Nov 8, 2011 04:40 pm

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