Moneycontrol PRO
Outskill Genai
HomeNewsBusinessEarningsWill see growth momentum continue going forward: Future Supply Chain

Will see growth momentum continue going forward: Future Supply Chain

Future Supply Chain Solutions posted its first earnings post listing and the numbers look excellent. In an interview to CNBC-TV18, Rakesh Biyani, Chairman of the company spoke about the results and gave his outlook for the future.

January 29, 2018 / 09:33 IST

Future Supply Chain Solutions posted its first earnings post listing and the numbers look excellent. In an interview to CNBC-TV18, Rakesh Biyani, Chairman of the company spoke about the results and gave his outlook for the future.

Biyania said that we have been maintaining expected growth trajectory.

He further said that goods and services tax (GST) a huge enabler to improve supply chain efficiency.

We have good traction with existing and new customers, he added.

On growth front, he said we will see growth momentum continue going forward.

Talking about acquisition, he said we have acquired Vulcan Express as it provides last-mile delivery connectivity. Vulcan Express is using 40 percent capacity currently, he mentioned.

We will have to make some fresh investment in Vulcan Express, Biyani further mentioned.

Watch accompanying video for more details…

CNBC-TV18
first published: Jan 29, 2018 09:28 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347