Do not require capex for next 3-4 years: Granules India

Name: Do not require capex for next 3-4 years: Granules India
Uploaded: 2017-11-10T15:34:04+05:30
Description: Granules India's second quarter earnings were more or less inline or a tad bit lower than what the street was working with but their overall performance has been largely in-line.

Granules India's second quarter earnings were more or less inline or a tad bit lower than what the street was working with but their overall performance has been largely in-line.

CNBC-TV18

November 10, 2017 / 15:42 IST

Granules India's second quarter earnings were more or less inline or a tad bit lower than what the street was working with but their overall performance has been largely in-line.

In an interview to CNBC-TV18, Krishna Prasad Chigurupati, CMD of Granules India spoke about the results and his outlook for the company.

We were able to protect margins in Q2, said Chigurupati.

He further said that the US sales have grown in Q2 year-on-year (YoY).

On capex front, he said we do not require it for next three-four years.

Watch accompanying video for more details.

CNBC-TV18

first published: Nov 10, 2017 03:34 pm

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