Impact of demonetisation has been negligible, says K Ravi, MD of NCL Industries.
K Ravi, Managing Director, NCL Industries says cement prices are very encouraging and the company plans to expand its cement business.
K Ravi, MD of NCL Industries, says the Telangana government is doing quite a bit for housing, infra, etc., which will boost prices, though at the moment prices haven't inched up much in the region
The additional cess is likely to hit the company‘s operating profits by more than 5-6 percent said K Ravi, MD, NCL Industries.
The stocks for the company have rallied by 410 percent in the last one year and the sales volume has increased by 35 percent at 6.20 lakh in the first half of this fiscal.
In an interview with CNBC-TV18, K Ravi, MD of NCL Industries spoke on the joint venture and the road ahead for the company.