The industry consumes 70 lakh cubic metres of gas every day, thereby adding a burden of Rs 100 crore monthly on it, industry representatives said.
In an interview to CNBC-TV18, Ashok Kajaria, CMD of Kajaria Ceramics spoke about the results and his outlook for the company.
Indian ceramic industry has been one of the crucial segments of the economy since several decades. The industry, however has been encountering several challenges, which are particularly prominent in the small and medium scale manufacturing units.
A delegation of an industries association will travel to Delhi next month to seek a meeting with Prime Minister Narendra Modi over their demand for reopening of the trade route from Kutch in Gujarat to Pakistan.
Ashok Kajaria, CMD, Kajaria Ceramics, says that he expects the company to maintain margin at 13.5-14 percent levels going forward. He expects the company will continue with 20 percent top-line growth for FY13. The interest cost is expected to go further down on back of lower capital expenditure.