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Last Updated : Dec 22, 2016 03:09 PM IST | Source: CNBC-TV18

Kiri Industries looking to cut debt to Rs 150cr by end of FY17

In an interview to CNBC-TV18, Manish Kiri, MD of Kiri Industries said that the company expect revenue of Rs 1,100-1,200 crore by year end.


In an interview to CNBC-TV18, Manish Kiri, MD of Kiri Industries said that the company expect revenue of Rs 1,100-1,200 crore by year end.


He further added that earnings per share (EPS) is expected to be over Rs 100 on a consolidated basis.


Kiri Industries' exports have increased in the last two quarters. However, textiles may see a short-term impact due to demonetisation, he added.

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The company is looking to cut debt to Rs 150 crore by end of FY17, said Kiri.


For entire interview, watch accompanying video.



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First Published on Dec 22, 2016 03:09 pm
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