Moneycontrol
Last Updated : Jan 17, 2018 11:31 AM IST | Source: CNBC-TV18

Looking at ramping up capacities in few segments: Agro Tech

In an interview to CNBC-TV18, Sachin Gopal, CEO of Agro Tech spoke about the results and his outlook for the company.

CNBC TV18 @moneycontrolcom

Agro Tech Foods posted mixed set of earnings in Q3 as gross margins improved due to lower input costs but revenue growth continues to lag. Other expenses, however, remained steady, boosting earnings.

In an interview to CNBC-TV18, Sachin Gopal, CEO of Agro Tech spoke about the results and his outlook for the company.

Gopal said we have seen significant growth in the food business.

However, we are still seeing the impact of demonetisation on the food business, he added.

He further said that edible oil has seen a negative growth trend.

According to him, current utilisation level in few categories is around 100 percent.

We are looking at ramping up capacities in few segments, said Gopal.

Watch accompanying video for more details.
First Published on Jan 17, 2018 11:23 am
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