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Last Updated : Jan 25, 2017 09:23 AM IST | Source: CNBC-TV18

Q1 of FY18 will see muted growth owing to GST: Somany Ceramics

"The effect of demonetisation has taken a toll on the topline growth but that was expected. This quarter I don‘t see any surprises with demonetisation effects are going to get tapered off", Abhishek Somany, MD of Somany Ceramics told CNBC-TV18.


In an interview to CNBC-TV18, Abhishek Somany, MD of Somany Ceramics spoke about the results and his outlook for the company.

"The effect of demonetisation has taken a toll on the topline growth but that was expected. This quarter I don’t see any surprises with demonetisation effects are going to get tapered off", he said.

"Going forward considering that goods and services tax (GST) will now be coming only on July 1, this quarter should be reasonably normal quarter", he further added.

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First Published on Jan 25, 2017 09:23 am
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