English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessCompaniesExpect FY19 to close around Rs 350 crore: Mohota Industries

    Expect FY19 to close around Rs 350 crore: Mohota Industries

    In an interview to CNBC-TV18, Kanishka Gaggar, Vice President - Finance of Mohota Industries discussed their business outlook.

    CNBC-TV18
    February 27, 2018 / 16:23 IST

    In an interview to CNBC-TV18, Kanishka Gaggar, Vice President - Finance of Mohota Industries discussed their business outlook.

    Mohota said we in advanced stages of buying land parcels.

    He further said that we will fund purchase of land through issue of shares.

    We expect FY19 to close around Rs 350 crore and Rs 7-9 crore of profits, he added.

    For entire interview, watch accompanying video.

    CNBC-TV18
    first published: Feb 27, 2018 04:21 pm

    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!

    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