The KCP stock hit a 52-week high with a 16 percent gain this week. In an interview with CNBC-TV18, GN Murty, CFO of the company spoke about the latest happenings in his company and sector.
In an interview to CNBC-TV18, GN Murty, CFO of KCP spoke about the results and his outlook for the company.
KCP reported disappointing first quarter numbers with a 12 percent fall in total income to Rs 182.4 crore while its operating profit reduced to Rs 30.42 crore, a 45 percent fall.
GN Murty, CFO, KCP told CNBC-TV18 that the expansion would amount to around Rs 400 crore which would be funded through internal accruals and loans.