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    HomeNewsBusinessCompaniesGot GST rate net benefit of about 4%; have passed it to customers: Jyothy Lab

    Got GST rate net benefit of about 4%; have passed it to customers: Jyothy Lab

    In an interview to CNBC-TV18, K Ullas Kamath, Joint MD & CFO of Jyothy Laboratories spoke about the latest happenings in his company and the sector.

    CNBC-TV18
    November 22, 2017 / 14:05 IST

    In an interview to CNBC-TV18, K Ullas Kamath, Joint MD & CFO of Jyothy Laboratories spoke about the latest happenings in his company and the sector.

    Talking about goods and services tax (GST), he said got GST rate net benefit of about 4 percent and has passed it to the customers.

    He further said that GST cut applicable on 42 percent of the portfolio.

    Talking about business, he said we are not in talks with any other company till at least March 31, 2018.

    "Opportunities are plenty for any fast moving consumer goods (FMCG) company, both organic and inorganic and as I told you that any progressive company has to look for inorganic growth, which we are doing," he added.

    Watch accompanying video for more details.

    CNBC-TV18
    first published: Nov 22, 2017 12:14 pm

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