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  • Currently working at 120% capacity utilisation: Sumeet Industries Jun 06, 2017 04:32 PM IST

    Currently working at 120% capacity utilisation: Sumeet Industries

    In an interview to CNBC-TV18, Shankar Lal Somani, Chairman of Sumeet Industries spoke about the latest happenings in the company.

  • Sumeet Inds' profits can go up to Rs 100 cr in 2 yrs: Chairman Oct 18, 2016 11:30 AM IST

    Sumeet Inds' profits can go up to Rs 100 cr in 2 yrs: Chairman

    In an interview with CNBC-TV18, Shankar Lal Somani, Chairman of Sumeet Industries said that the company's profits can go up to Rs 100 crore over the next two years.

  • We are working to improve our margins: Sumeet Industries Aug 02, 2016 03:54 PM IST

    We are working to improve our margins: Sumeet Industries

    In an interview to CNBC-TV18, Shankar Lal Somani, Chairman, Sumeet Industries spoke about the results and his outlook for the company.

  • See power production from wind plant in 6-mths: Sumeet Ind Feb 24, 2015 03:44 PM IST

    See power production from wind plant in 6-mths: Sumeet Ind

    The new plant will produce around 25 percent of the company‘s total power requirement. Also the power generated from the plant will be exempted from tax for ten years, said Somani of Sumeet Industries.

  • Expect PAT to double in FY13: Sumeet Industries Nov 17, 2011 03:47 PM IST

    Expect PAT to double in FY13: Sumeet Industries

    In an interview with CNBC-TV18, Shankar Lal Somani, chairman of Sumeet Industries says, next year the company’s yarn making capacity will go up from 50,000 tonne per annum to 95,000 tonne per annum. As a result of capacity expansion, he says, the profits will double.

  • Sumeet Inds may issue 50 lakh warrants at Rs 35/share Sep 05, 2011 04:43 PM IST

    Sumeet Inds may issue 50 lakh warrants at Rs 35/share

    Promoters of Sumeet Industries have got themselves issued warrants at Rs 35 per share. The current stock price is about Rs 28. In an interview to CNBC-TV18, chairman Shankar Lal Somani spoke about the recent happenings in the company and the road ahead.

  • Warrant allotment to raise Rs 17-18cr: Sumeet Ind Aug 29, 2011 03:04 PM IST

    Warrant allotment to raise Rs 17-18cr: Sumeet Ind

    In an exclusive interview to CNBC-TV18, chairman of the company, Shankar Lal Somani said that the company is going for another fund raising plan so as to ensure a comfortable fund position for their expansion project.

  • Sumeet Inds plans to invest Rs 700 cr for expansion in FY13 Jul 11, 2011 03:00 PM IST

    Sumeet Inds plans to invest Rs 700 cr for expansion in FY13

    Shankar Lal Somani, Chairman of the Surat-based firm said this expansion will complete by March 2012. "Post achieving this target, we further plan to roll out Rs 700 crore in the next expansion programme near Dahej port in Gujarat."

  • See FY12 profit after tax over Rs 40cr: Sumeet Industries May 11, 2011 03:37 PM IST

    See FY12 profit after tax over Rs 40cr: Sumeet Industries

    In an interview with CNBC-TV18, Shankar Lal Somani, Chairman, Sumeet Industries says, last year’s result was very encouraging. This year, he says, the company is expecting a turnover of more than Rs 900 crore and profit after tax of more than Rs 40 crore.

  • Sumeet Industries plans Rs 150cr expansion Mar 21, 2011 04:02 PM IST

    Sumeet Industries plans Rs 150cr expansion

    In an interview with CNBC-TV18, Shankar Lal Somani, chairman, Sumeet Industries, spoke about the latest happenings in his company and sector.

  • Nine-month profit after tax at Rs 20cr: Sumeet Industries Jan 19, 2011 03:45 PM IST

    Nine-month profit after tax at Rs 20cr: Sumeet Industries

    In an interview with CNBC-TV18, Shankarlal Somani, Chairman, Sumeet Industries, spoke about the results and his outlook for the company.

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