May 31, 2017 03:07 PM IST
In an interview to CNBC-TV18, Kamal Baheti, CFO of Mcleod Russel (India) spoke about the results and his outlook for the company.
- May 31, 2017 12:31 PM IST
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.
- Nov 10, 2016 11:39 AM IST
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.
- May 31, 2016 12:58 PM IST
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.
- May 29, 2015 11:45 AM IST
Baheti expects domestic realisations to improve by 5 percent this year and overseas realisations by 15-20 percent
- Feb 18, 2015 12:24 PM IST
Kamal Baheti, chief financial officer, McLeod Russel says FY15 results should be treated as an aberration due to poor weather.
- Oct 22, 2014 10:51 AM IST
Kamal Baheti says the unfavourable weather conditions in Assam created challenges and made company lose up to 2 m kg crop last quarter.
- Oct 31, 2013 12:50 PM IST
McLeod Russel India 6.5 percent rise in second quarter FY14 profit at Rs 245.5 crore against the year-ago period.
- Jul 26, 2013 11:59 AM IST
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.
- Oct 31, 2012 11:29 AM IST
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.
- Jul 30, 2012 11:10 AM IST
Kamal Baheti, chief financial officer of McLeod Russel says, crop loss in Q1 impacted performance. He expects performance to improve in Q2, Q3.
- May 29, 2012 12:37 PM IST
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.
- Jan 31, 2012 01:34 PM IST
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.
- Jun 06, 2011 12:53 PM IST
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.