Moneycontrol PRO

business

Monnet Ispat eyes Rs 3500cr turnover in FY14, says CFO

Ajay Bhat, Group CFO of Monnet Ispat and Energy blames the low power sales for the dismal performance of the division. Hereon, the company plans to use the power captively for its steel plants, he added.

first published: Feb 15, 2013 12:26 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