Expect FY18 margin around 13%: Asian Granito

Name: Expect FY18 margin around 13%: Asian Granito
Uploaded: 2017-11-23T12:09:12+05:30
Description: Asian Granito India is in focus on the back of a decent set of Q2 numbers and the fact that the goods and services tax (GST) on tiles and marble has been cut from 28 percent to 18 percent.

Asian Granito India is in focus on the back of a decent set of Q2 numbers and the fact that the goods and services tax (GST) on tiles and marble has been cut from 28 percent to 18 percent.

CNBC-TV18

November 23, 2017 / 12:09 IST

Asian Granito India is in focus on the back of a decent set of Q2 numbers and the fact that the goods and services tax (GST) on tiles and marble has been cut from 28 percent to 18 percent.

In an interview to CNBC-TV18, Himanshu Shah, Head-Finance of the company spoke about the results and his outlook for the company.

We are expecting higher volume growth this year, said Shah.

Asian Granito looking to target double-digit growth in revenue in FY18, he added.

He also expects FY18 margin around 13 percent levels.

Watch accompanying video for more details.

CNBC-TV18

first published: Nov 23, 2017 12:09 pm

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