Higher production will ensure a better second half in FY16, S Sreedhar Reddy, MD of Panyam Cements & Mineral Industries told CNBC-TV18.Production will be close to 8 lakh million tonne in FY16 as compared to 2.45 lakh million tonne in FY15. He expects margins to remain at same levels and revenue to be Rs 160 crore against Rs 120 crore in HIFY16. Watch video for more.
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