In an interview to CNBC-TV18, Sandeep Sikka, CFO of HSIL spoke about the results and his outlook for the company.
Hindware Sanitaryware posted a strong set of earnings Thursday and even though earnings before interest, taxes, depreciation and amortization (EBITDA) was negative, company CFO Sandeep Sikka said this was because of the company's foray into electrical products.
Sandeep Sikka, CFO of HSIL said that, going forward, the company will focus on its revenue and margin growth.
Speaking to CNBC-TV18, President RB Kabra said the company had an overwhelming response to the QIP and was successful in raising Rs 250 crore. Institutions like HDFC and Kotak MF were among some key institutions to have given thumbs up to the QIP.
RB Kabra, president of HSIL says it is yet to receive order from the government under Swachh Bharat, but has got orders from several corporates to build toilets.
RB Kara of HSIL said the company has plans to pare its long-term debt by raising capital worth Rs 250 crore.
Sandip Somany, joint managing director of HSIL says the company will continue to maintain leadership and add capacity. The company has commenced production at its faucet plant at Kaharani in the Bhiwadi region of Rajasthan.
In an interview with CNBC-TV18‘s Ekta Batra and Reema Tendulkar, RB Kabra, President, HSIL, spoke about the various divisions of the company such as container glass, packaging and faucets business.
The company is looking to breakeven at operational level in its glass division," HSIL president RB Kabra told CNBC-TV18.
RB Kabra, president at HSIL joins CNBC-TV18 to discuss the latest with his company, especially with regard to the expansion plans of the company.
The Hindustan Sanitaryware & Industries' (HSIL) entered into sale purchase agreement with the promoters of Garden Polymers. Sandip Somany, Joint MD of HSIL, in an interview with Latha Venkatesh and Gautam Broker, spoke about the recent happenings in his company and the road ahead.
In an interview with CNBC-TV18, Sandip Somany, Joint MD, HSIL, spoke about the results and his outlook for the company.