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  • Looking to export 20 million kg of tea in FY18: Mcleod Russel

    In an interview to CNBC-TV18, Kamal Baheti, CFO of Mcleod Russel (India) spoke about the results and his outlook for the company.

  • Will take price hikes in AA & AAA batteries: Eveready

    Will take price hikes in AA & AAA batteries: Eveready

    In an interview to CNBC-TV18, Amritanshu Khaitan, MD of Eveready India spoke about the results and his outlook for the company. The company is in the process of implementing certain price hikes in AA and AAA categories to mitigate the cost pressure which has impacted margins in Q4, he said.

  • Topline to remain flat in FY17; wages to grow 8%: McLeod Russel

    Topline to remain flat in FY17; wages to grow 8%: McLeod Russel

    The margins may continue to suffer due to increasing wage costs. Baheti says employee costs will grow by 8 percent in FY18 due to wage agreements. Margins will take sometime to make a comeback, he adds.

  • Good crop recovery, firm tea prices to lift FY17 earnings:Mcleod

    Good crop recovery, firm tea prices to lift FY17 earnings:Mcleod

    Kamal Baheti, CFO of McLeod Russel expects margin to expand to 13-15 percent in FY17 from 8.5 percent last year on lower wage hikes and firming up of tea prices.

  • Aim to increase exports by 60-70% this year: McLeod Russel

    Aim to increase exports by 60-70% this year: McLeod Russel

    Baheti expects domestic realisations to improve by 5 percent this year and overseas realisations by 15-20 percent

  • See better FY16 on improved monsoon: McLeod Russel

    See better FY16 on improved monsoon: McLeod Russel

    Kamal Baheti, chief financial officer, McLeod Russel says FY15 results should be treated as an aberration due to poor weather.

  • Eye 20% topline growth in Q3: Mcleod Russel

    Eye 20% topline growth in Q3: Mcleod Russel

    Kamal Baheti says the unfavourable weather conditions in Assam created challenges and made company lose up to 2 m kg crop last quarter.

  • Volume recovery encouraging; see stable tea price: McLeod

    Volume recovery encouraging; see stable tea price: McLeod

    McLeod Russel India 6.5 percent rise in second quarter FY14 profit at Rs 245.5 crore against the year-ago period.

  • Mcleod Russel Q1: Analysts see 12% PAT growth at Rs 21.7 cr

    Mcleod Russel Q1: Analysts see 12% PAT growth at Rs 21.7 cr

    Analysts expect McLeod Russel's tea sales of around 8 million kg (5 percent Y-o-Y growth) and 2 percent increase in realizations to Rs 195-196 per kg.

  • Margins should improve next year: McLeod Russel

    Margins should improve next year: McLeod Russel

    The largest bulk tea company in the world, McLeod Russel reported a marginal increase of 3% in its net profit at Rs 230.31 crore for the second-quarter. Kamal Baheti, CFO, McLeod Russel told CNBC TV-18 the reasons for low production in Q2 and why a further wage hike will not hamper the profits of the company.

  • Expect performance to improve in Q2, Q3: Mcleod Russel

    Expect performance to improve in Q2, Q3: Mcleod Russel

    Kamal Baheti, chief financial officer of McLeod Russel says, crop loss in Q1 impacted performance. He expects performance to improve in Q2, Q3.

  • Expect stronger sales figures in FY13, says Mcleod Russel

    Expect stronger sales figures in FY13, says Mcleod Russel

    In an interview with CNBC-TV18, Aditya Khaitan, MD, Mcleod Russel said that the crop loss has resulted in an increased price of tea. However, going into FY13, the company has a positive outlook and expects to increase sales on the back of rising demand.

  • Surge in crop during quality months helpful: McLeod Russel

    Surge in crop during quality months helpful: McLeod Russel

    Managing director of McLeod Russel Aditya Khaitan tells CNBC-TV18 that the surge in crop during the early months of the year helped raise their cumulative numbers for the past nine months.

  • McLeod Russel sees India tea prices up Rs 10-15/kg in FY12

    McLeod Russel sees India tea prices up Rs 10-15/kg in FY12

    World’s largest tea producer McLeod Russel India expects raw tea prices in India will go up Rs 10-15 per kilogram in the current fiscal year, as strong demand continues to exceed supply.

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