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.

February 27, 2018 / 16:23 IST
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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.

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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.