Moneycontrol PRO
Outskill Genai
HomeNewsBusinessEarningsAustralia biz expanded; rebounded strongly in India & EMs: Strides Shasun

Australia biz expanded; rebounded strongly in India & EMs: Strides Shasun

In an interview to CNBC-TV18, Shashank Sinha, Managing Director of Strides Shasun spoke about the results and his outlook for the company.

October 31, 2017 / 16:20 IST

In an interview to CNBC-TV18, Shashank Sinha, Managing Director of Strides Shasun spoke about the results and his outlook for the company.

We have grown strongly in the regulated market, said Sinha.

He further said that last quarter we had communicated that we are awaiting approval for two new products. We were successful launching them in time and that has driven growth.

Sinha also mentioned that business in Australia has expanded. We have rebounded strongly in emerging markets and in India, post goods and services tax (GST), the business rebounded quite strongly.

Watch accompanying video for more details.

CNBC-TV18
first published: Oct 31, 2017 04:11 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

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