Speaking to CNBC-TV18 post Q3 earnings, CFO A Subba Rao said the company is not seeing any unusual inventory build-up. The midcap company reported flat domestic volume in Q3.
A Subba Rao, CFO, CEAT, spoke with CNBC-TV18 to discuss the rubber import customs duty. He also commented on the company‘s current business operations and expected earnings.
A Subba Rao, CFO, says Ceat continuously monitors both international and domestic markets and takes appropriate decision at that point of time whether domestic rubber purchase is better or international rubber purchase is better.
Ceat is anticipating better performances on the back of improved demand. The company's management told CNBC-TV18 that it is investing heavily in branding and changing product mixes to high margin ones.
This is the government's great Indian infrastructure dream. But the ground reality is a rude awakening.
Corporate India is hopeful that the industrial output will pick up ahead. According to them, global problems were weighing on the Indian economy. Since the global economy is improving now, they feel it will have spill over effect on India as well.
This is the government's great Indian infrastructure dream. But the ground reality is a rude awakening. With a slowing economy, high interest rates and more importantly delayed decision making, infra projects and infra companies face an uncertain future.
GMR Infrastructure announced its September quarter results on Friday. While the company posted a 48% increase in its revenues Year-on-Year, it recorded a net loss of Rs 63 crore versus Rs 71 crore net profit.
A Subba Rao, group CFO, GMR Infrastructure said, the company is substantially insulated from current high interest rate environment. He expects the Delhi Airport to breakeven in fiscal year 2013.
A Subba Rao, Group chief financial officer, GMR Infrastructure expects Vemagiri plant to be ready for generation by last quarter of the current financial year.
GMR Infrastructure has witnessed a quarterly loss (consolidated) of Rs 1,007 crore in Q4 FY11 mainly due to stake sale in its British energy firm InterGen. However, group CFO A Subba Rao doesn't see it impacting the company going forward since this is a one-time loss.
In an interview with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, A Subba Rao, Group CFO of GMR Infrastructure said that the company is likely to close the USD 200 million FDI deal in two weeks.
It's April Fools Day and today we are going to discuss the biggest joke that government has played on India Inc, except this one is not funny at all. We are talking about International Financial Reporting Standards (IFRS). Is it on or is it off?
GMR's group chairman GM Rao has pledged to create an endowment worth USD 340 million in favour of the GMR Varalakshmi Foundation for charitable activities to serve the needs of the under-privileged sections of society.
In an interview with CNBC-TV18, A Subba Rao, group CFO of GMR Infra, spoke about his reading of the IIP numbers and his outlook for the economy.