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Raw material prices should decline going forward, says Cupid

Cupid is in focus on the back of strong earnings. In an interview to CNBC-TV18, Om Garg, CMD of the company spoke about the results and his outlook for the company.

July 24, 2017 / 17:57 IST
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Cupid is in focus on the back of strong earnings. In an interview to CNBC-TV18, Om Garg, CMD of the company spoke about the results and his outlook for the company.

Our target is to achieve more than 35 percent EBITDA margin, said Garg.

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According to him raw material prices should decline going forward.

He added that 80 percent orders are from exports.