Looking at margins of around 18-19%: Gulf Oil Lubricants

Name: Looking at margins of around 18-19%: Gulf Oil Lubricants
Uploaded: 2017-12-20T13:42:02+05:30
Description: We look at growing 10-12 percent in terms of volumes, Ravi Chawla, MD of Gulf Oil Lubricants India said.

We look at growing 10-12 percent in terms of volumes, Ravi Chawla, MD of Gulf Oil Lubricants India said.

CNBC-TV18

December 20, 2017 / 14:38 IST

Gulf Oil Lubricants India is in focus on the back of their new capacity addition and their Q2 numbers. In an interview with CNBC-TV18, Ravi Chawla, MD of the company spoke about the results and his outlook for the company.

We look at growing 10-12 percent in terms of volumes, he said.

Large part of the market is in South India, he added.

Company’s current market share is 7 percent. We have consistently looked at market share growth, said Chawla.

We are looking at a range of the margins currently at 18-19 percent, he further mentioned.

For full interview, watch accompanying video...

CNBC-TV18

first published: Dec 20, 2017 01:42 pm

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