The company currently is running at 85 percent capacity utilisation, said Ravi Jhunjhunwala, Chairman & MD, HEG.
In an interview with CNBC-TV18, Ravi Jhunjhunwala, CMD of HEG spoke about the results and his outlook for the company.
In an interview to CNBC-TV18, Raju Rustogi, CFO & COO of HEG of spoke about the results and his outlook for the company.
Carbon and graphite product manufacturing company, HEG HAs had a dream run with the stock up nearly 350 percent in the last one year. In an interview to CNBC-TV18, Raju Rustogi, CFO of HEG spoke about the latest happenings in his company and sector.
HEG reported low earnings in Q4 due to low capacity and price pressure, said Raju Rastogi, CFO, HEG in an interview with CNBC-TV18.
HEG's order book for Q4 will keep them occupied to 100 percent of their capacity - 20, 000 tones for the quarter, also expecting their revenue to be higher in Q4 than in Q3.
The company aims to reduce Rs 180 crore of debt from Rs 500 crore on back of capacity expansion undertaken by the company in 2010 said Raju Rastogi, CFO, HEG.
Manufacturer of graphite electrodes and graphite specialties HEG Ltd announced the Financial Results for the period ended March 31, 2013 on May 3. It posted a net profit of Rs 35.14 crore in the fourth quarter.
Ravi Jhunjhunwala, CMD of HEG, in an interview with CNBC-TV18’s Sonia Shenoy and Ekta Batra, said that impact of the two major players which have hiked prices by about 20-30% will come on the unsold quantities.
Manvinder Singh Ajmani, CFO of HEG, in an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker, spoke about the recent happenings in his company and the road ahead.