Low stock cost to aid margins in H2FY16: Kohinoor Foods

Kohinoor Foods expects higher turnover and improvement in margin in second half of the year, Satnam Arora, Mangaing Director of the company said. In an interview with CNBC-TV18, Arora said lower stock cost and increased exports will help in volume and income growth. The company reported a 44 percent rise in revenues to Rs 366 crore and earnings before interest, tax, depreciation and amortisation (EBITDA) growth of 4.3 percent to Rs 34 crore in the second quarter. Watch video for more.