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Astral Poly Technik expects 15% margin next year

In an interview to CNBC-TV18, Hiranand Savlani, CFO of Astral Poly Technik spoke about the results and his outlook for the company.

June 01, 2017 / 12:38 IST
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In an interview to CNBC-TV18, Hiranand Savlani, CFO of Astral Poly Technik spoke about the results and his outlook for the company.

Indian adhesive business has grown by 28 percent in last quarter, he said.

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“Adhesive business in India will definitely grow at more than 25 percent”, said Savlani.

“Overall we are expecting 15 percent margin next year”, he said.