HomeNewsBusinessEarningsPricing may improve over next two months: Shree Cements

Pricing may improve over next two months: Shree Cements

"It will take probably one-two months more for the prices to come back", Subhash Jajoo, CFO of Shree Cements told CNBC-TV18.

February 06, 2017 / 13:14 IST
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Shree Cements earnings missed estimates this quarter (Q4). In an interview to CNBC-TV18, CFO Subhash Jajoo spoke about the results and his outlook for the company.Dispatches in North India dipped sharply by 25-30 percent post demonetisation; however, they have started increasing post December 15, he said.Though the effect of demonetisation is not there as far as volumes are concerned, it will take some time for the prices to recover."It will take probably one-two months more for the prices to come back", he mentioned.For full interview, watch video...

first published: Feb 6, 2017 12:39 pm

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