Moneycontrol
Last Updated : Jan 30, 2018 04:03 PM IST | Source: CNBC-TV18

Company intends to add 60,000 tonne capacity going ahead: Supreme Ind

Supreme Industries reported a weak quarter. In an interview with CNBC-TV18, MP Taparia, MD of the company discussed the company's Q3 performance.

CNBC TV18 @moneycontrolcom

Supreme Industries reported a weak quarter. In an interview with CNBC-TV18, MP Taparia, MD of the company discussed the company's Q3 performance.

Could increase our volumes by 19 percent in Q3, he said.

We are quite optimistic going forward, he added.

In Q4, we anticipate a volume growth of excess of 19 percent, said Taparia.

Speaking about capacity, he said we intend to add around 60,000 tonne capacity of all the products together.

Our turnover for Q4 will be Rs 1,550-1,600 crore and Rs 5,050-5,100 crore for the full year, he further mentioned.

We are seeing a revival in demand from housing and also from affordable housing, Taparia added.

According to him, the e-Way bill will facilitate more growth in business of original players.

For full interview, watch accompanying video...
First Published on Jan 30, 2018 03:20 pm
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