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  • Money raised from block deal will come into company for deleveraging: McLeod

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

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

  • FY17 tea exports to be lower than last fiscal: Mcleod Russel

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

  • Good crop, demand to boost tea prices by 5-10%: McLeod Russel

  • Tea price hike to help margins rise to 13-14% in FY17: McLeod

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

  • Expect 15-20% higher tea prices in new season: McLeod Russel

  • See 15% plus rise in tea prices in 2016: McLeod Russel

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

  • Kenyan drought to help boost tea exports: McLeod Russel

  • See better FY16 on improved monsoon: McLeod Russel

  • Eye 20% topline growth in Q3: Mcleod Russel

  • Green tea biz poised for strong growth: McLeod Russel

  • Volume recovery encouraging; see stable tea price: McLeod

  • Target over 20% topline growth in FY14: McLeod Russel

    Kamal Baheti, chief financial officer, McLeod Russel hopes to achieve over 20 percent topline growth in FY14.

  • Tea prices may rise further by Rs15-20/kg: Mcleod Russel

    Kamal Baheti, CFO, Mcleod Russel expects tea price to rise by Rs 15-20 per kilogram going forward.

  • Tea prices will continue to remain high next year: McLeod

    Kamal Baheti, CFO, McLeod Russel, says that he expect prices will continue to high next year. He expect both the top-line and bottom-line to increase going forward.

  • See strong tea prices for remaining season: McLeod Russel

    Kamal Baheti, chief financial officer, McLeod Russel says normally, the fourth and third quarter are little overpriced as compared to the first and second quarter because the quality of the tea at the end of the season is a bit lower. "For the rest of the season, we expect strong prices to continue," he adds.

  • 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

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

  • See tea prices rising by 15-20% ahead: McLeod Russel

    Kamal Baheti, CFO of McLeod Russel told CNBC-TV18 that shortfall in tea production for the rest of the year was unlikely to get covered. He expects tea prices increase of Rs 25-30/kg to continue for the rest of the year.

  • 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.

  • McLeod Russel eyes acquisition opportunities in Africa

    In an interview with CNBC-TV18, Kamal Baheti, CFO of McLeod Russel said the company is considering opportunities for acquisition in Africa.

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