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Last Updated : Dec 02, 2015 02:27 PM IST | Source: CNBC-TV18

Hedging protects co from currency volatility: Syngene's COO

Manoj Nerurkar, COO, Syngene, says he expects the company to grow in line with its second quarter results.


With a 30 percent topline growth, Syngene, the research arm of Biocon, reported quarterly earnings for the first time since its listing.

Speaking to CNBC-TV18, Manoj Nerurkar, COO, of the company, says he expects the momentum to continue for the rest of the year.

On currency movements, he says hedging all the long-term contracts protects the company from the rupee-dollar volatility. 



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First Published on Dec 2, 2015 02:27 pm
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