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Expect 80-90% of capacity utilisation in FY19: HEG

In an interview with CNBC-TV18, Ravi Jhunjhunwala, CMD of HEG spoke about the results and his outlook for the company.

February 02, 2018 / 14:27 IST

HEG delivered a solid set of Q3 results. Electrode prices have more than tripled aiding their performance this quarter. There has also been a significant jump in margins and profitability.

In an interview with CNBC-TV18, Ravi Jhunjhunwala, CMD of HEG spoke about the results and his outlook for the company.

Talking about the capacity utilisation, he said that it was in the range of about 85 percent and it will continue to be in this range for the current quarter. Then in the coming year, we expect this to be in the range of 80-90 percent.

For full interview, watch accompanying video...

CNBC-TV18
first published: Feb 2, 2018 02:27 pm

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