The deal, valued at approximately Rs 489 crore, will lead to a 25 percent stake of KKR Jupiter in JBF Industries, a leading manufacturer of polyester value-chain products.

JBF Industries eyes topline growth of 15% ahead

Rakesh Gothi, managing director, JBF Industries in an interview to CNBC-TV18 said, the company could operate at higher production levels due to debottlenecking done last year. It is also expanding its UAE plant in the film line. With all this, the top line is expected to be much better than last year.

JBF Industries expects over Rs 7000cr turnover in FY12

In an interview with CNBC-TV18, Rakesh Gothi, MD, JBF Industries says, the company is quite happy with the performance. For the year, the consolidated turnover has gone up to Rs 6,471 crore from Rs 4,900 crore, an increase of 31%, he adds. He expects over Rs 7,000 crore turnover in FY12.

JBF Industries eyes Rs 500cr profit in FY11

In an interview with CNBC-TV18, Rakesh Gothi, MD, JBF Industries, spoke about the results and his outlook for the company.