Expect to see normal business Q3 onwards: SH Kelkar & Co

SH Kelkar and Company has reported a subdued quarter with a decline in revenues. In an interview to CNBC-TV18, Kedar Vaze, Group CEO of the company spoke about the results and his outlook going forward.

There will be some carry over impact of goods and services tax (GST) de-stocking in Q2 and from Q3 onwards we will see normal business, he said.

There will be a rebound on the demand of the product, he added.

Speaking about utilising the cash on books, he said, we will continue to look at possible joint venture (JV), acquisitions.