Anant Goenka, MD of tyre-maker CEAT says ramp up at its Halol plant and stable rubber prices aided the first quarter results of the company.
Anant Goenka, Dy MD, CEAT Ltd expects FY13 to be a much better year with the company’s Halol plant close to full capacity utilization. He is looking at about 25% growth in revenues in FY13.
In an interview with CNBC-TV18, Paras K Chowdhary, managing director of Ceat spoke about the industry and his outlook for the company.
Sanjiv Goenka, the younger son of billionaire industrialist Rama Prasad Goenka, today unveiled a new corporate identity for the companies controlled by him.
PK Chowdhary, MD, Ceat in an interview with CNBC-TV18 said that they have been asking the Finance Ministry for the removal of customs duty on rubber because of shortage of rubber in the country. However, they have not received any confirmation from the authorities about the same.
Arnab Banerjee, ED, Ceat in an interview with CNBC-TV18 said that the company experienced a margin squeeze last year because of significant increase in raw material prices primarily, rubber.
Anant Goenka, Deputy Managing Director of Ceat in an interview with CNBC-TV18’s Sonia Shenoy and Udayan Mukherjee, gave his perspective of the fourth quarter performance and their divulged future plans.
Anant Goenka, Deputy MD of Ceat, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, gave his view on the slippage of natural rubber price and its impact on the tyre manufacturers.
Anant Goenka, Dy MD, Ceat, in an exclusive interview on CNBC-TV18, said that his company has taken a price hike of 1.5%. At present, rubber prices are at Rs 235 per kg in the domestic market while internationally, they are Rs 20 higher than the domestic price.