Tata Chemicals reported a weak set of Q1 earnings. In an interview to CNBC-TV18, R Mukundan, MD & CEO of Tata Chemicals spoke about the results and his outlook for the company.
"We expect the yearly growth will be back on track, the profit will also be back on track as far as our yearly numbers are concerned," said Mukundan.
According to him, demand-supply is very tight as of now; demand is strong, supply situation is tight.
We expect the margins to continue to be strong going forward which we had anticipated with some sort of pressure especially with antidumping duty going and rupee strengthening, added Mukundan.
He expects much better performance on fertiliser side in Q2 and Q3.
Watch accompanying video for more details.
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