Moneycontrol PRO

business

Expect things to get better going forward: MRF

It has been a difficult few months for tyre manufacturers. A period of de-stocking in the run-up to the goods and services tax (GST) roll-out, followed by a steep rise in raw material prices saw EBIDTA margins of these companies take a hit, CNBC-TV18's Jude Sannith caught up with MRF's Executive Vice President Koshy Varghese, who says the worst may be over.

first published: Aug 31, 2017 02:32 pm

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
CloseOutskill Genai