Expect 13-14% growth in volumes in FY17: Kajaria Ceramics

Talking to CNBC-TV18, Ashok Kajaria, chairman and managing director (CMD), Kajaria Ceramics, says the company aims for 13 to 14 percent growth in its volumes in the current financial year. The company did better than the guidance it had given for growth in volumes in the last quarter of financial year 2016. It had guided about 10 percent growth in volumes but performed better at 12 percent.Kajaria's margins were at an all time high at 20.5 percent in fourth quarter of financial year 2016. This he attributed to the fall in gas prices.Watch video for the full interview..