Moneycontrol
Last Updated : Mar 26, 2018 11:27 AM IST | Source: CNBC-TV18

Expect sales in FY19 over Rs 600 crore: Sandur Manganese

In an interview to CNBC-TV18, K Raman, Director Finance at Sandur Manganese spoke about the latest happenings in the company and gave his outlook for the future.

CNBC TV18 @moneycontrolcom

Sandur Manganese and Iron Ores is the stock on radar as there has been an enhancement of annual production in manganese ore in one of their mining leases.

In an interview to CNBC-TV18, K Raman, Director Finance at Sandur Manganese spoke about the latest happenings in the company and gave his outlook for the future.

Raman said that manganese ore capacity has been enhanced from 7,400 to 32,000 tonne in one of our mines.

Talking about prices, he said iron ore prices were low in February 2018 in-line with NMDC price cut.

On numbers front, he said that in FY18, sales will be approximately Rs 540 crore and expect sales in FY19 at over Rs 600 crore.
First Published on Mar 26, 2018 11:13 am

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