HomeNewsBusinessEarningsVolume will go down to half this year due to drought, says Sakthi Sugars

Volume will go down to half this year due to drought, says Sakthi Sugars

In an interview to CNBC-TV18, M Manickam, Executive VC, Sakthi Sugars spoke about the results and his outlook for the company.

May 29, 2017 / 10:57 IST
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Sakthi Sugars posted a steady set of earnings in Q4. The sugar EBIT posted a profit versus a loss which improved margins.

In an interview to CNBC-TV18, M Manickam, Executive VC, Sakthi Sugars spoke about the results and his outlook for the company.

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He said that they have booked lower finance cost in Q4 of FY16.

He further said that volume will go down to half this year due to drought. Therefore, they don't expect to do any better in FY18.