Carborundum Universal posted a steady set of earnings in Q4 which was slightly better than estimates.
In an interview to CNBC-TV18, K Srinivasan, MD of Carborundum Universal spoke about the results and his outlook for the company.
"We expect FY18 to have a higher growth rate; we should be more than 15 percent," said Srinivasan.
He said commodity prices moving up is beneficial for Carborundum because minerals part of the business tends to move along with the commodity prices so it's positive for the company.
"Rupee strengthening is reasonably good for us because we have corresponding imports in terms of raw materials for some of our other manufacturing, so overall it's neutral. We are not worried about the rupee either strengthening or weakening," he added
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