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Maintain guidance of 15% growth in FY18: Skipper

Skipper posted a good set of earnings in Q1 but concerns on goods and services tax (GST) restricted polymer revenue growth. In an interview to CNBC-TV18, Sharan Bansal, Director of Skipper spoke about the results and his outlook for the company.

September 06, 2017 / 15:48 IST

Skipper posted a good set of earnings in Q1 but concerns on goods and services tax (GST) restricted polymer revenue growth.

In an interview to CNBC-TV18, Sharan Bansal, Director of Skipper spoke about the results and his outlook for the company.

Bansal said Q1 was better on account of higher inventory in the beginning.

We maintain guidance of 15 percent growth in FY18, Bansal added. However, will remain a bit conservative while giving guidance, he said.

According to him, order inflows remain comfortable. State and private customers constitute bulk of order inflows, he added.

Watch accompanying video for more details.

first published: Sep 6, 2017 03:48 pm

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