In an interview to CNBC-TV18, MP Taparia, MD, Supreme Industries spoke about the results and his outlook for the company.
Supreme Industries supplies goods throughout the country from its 25 plant. The company has 97 percent of domestic market sale and 3 percent of export market sale.
He expects the total turnover to be around Rs 5,200-5,300 crore for the current year.
Company has no plans to increase its current borrowing of Rs 228 crore as on March 31, 2017. He also expects the company to be virtually debt-free next year.
"We expect our volumes to grow between 10 percent and 12 percent because there will be some disruption due to rollout of the goods and services tax (GST)", he further added.
For full interview, watch video...
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