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HomeNewsBusinessEarningsExpect overall growth in topline to be around 12% for FY18: Vinati Organics

Expect overall growth in topline to be around 12% for FY18: Vinati Organics

In an interview to CNBC-TV18, Vinati Saraf Mutreja, ED of Vinati Organics spoke about the results and her outlook for the company.

November 08, 2017 / 13:28 IST

In an interview to CNBC-TV18, Vinati Saraf Mutreja, ED of Vinati Organics spoke about the results and her outlook for the company.

Saraf Mutreja expects overall growth in topline to be around 12 percent for FY18.

She also expects to see an uptick in Iso Butyl Benzene (IBB) off take next year.

According to her, second half should be better than first half of the year. Therefore, expect margins to be around 28-30 percent in H2.

Currently we are working at a capacity utilisation of 80 percent, said Saraf Mutreja.

On business front, she is looking to invest around Rs 800 crore in organic growth.

The total capex for three years will scale up to Rs 900 crore, she added.

Watch accompanying video for more details.

CNBC-TV18
first published: Nov 8, 2017 01:28 pm

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