Jay Shree Tea is merging its sugar manufacturing subsidiary, M P Chini Industries, with itself. DP Maheshwari, managing director of Jayshree Tea said that once the amalgamation of the tax plays out, a turnover of Rs 100 crore is not ruled out.
On the company's FY12 guidance, he told CNBC-TV18, "the picture for next fiscal looks robust. We expect to produce 270 lakh kilogram of tea, as against 241 lakh kilogram in the last year." Below is a verbatim transcript of the interview. Also watch the attached videos Q: Your company
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!