The country’s largest carmaker’s revenue too was better than estimates at Rs 33,309.7 crore, up 15 percent from the year-ago period
Rajiv Bajaj, Managing Director at Bajaj Auto does not believe its new 400cc bike Dominar is priced aggressively. In fact, he thinks the price is 'logical'.
The company is focusing on improving its domestic market share, Anurag Jain, MD of Endurance Tech said. Despite global slowdown, the company has grown well.
In the medium-term, the company would strive to achieve the historical growth of 15 percent, said Apurva Parekh, Director, Pidilite Industries.
Gagan Banga, Vice Chairman of Indiabulls Housing Finance says that the company is trying to initiate product mix change.
YS Guleria of HMSI says only an uptick in sales during the festive season can bring the industry in positive territory.
Granules India is looking to expand its business and has raised warrants worth Rs 200 crore to be used for capital expenditure and ANDA filings, C Krishna Prasad, managing director of the company told CNBC-TV18.
Commenting on their strong Q3, Shantanu Dasgupta of Whirlpool said in terms of revenue the results came from some mixed improvements of what we sold, and because of some cost control measures taken by the company.
Bhaskar Bhat, managing director, Titan Coampany hopes to continue with the margin improvement efforts in jewellery and watches through product mix enhancement rather than cost compression.
Value added services (VAS) provider OnMobile Global is hopeful of a better domestic performance in the coming quarters. Meanwhile, the company attributes the dip in profits to the acquisition it made three months ago.
In an exclusive, Anil Gupta, joint managing director, Havells India joins CNBC-TV18 to discuss the effect on profits from decreasing demand in Europe. Philips recently issued a statement saying profits will be hit for them. "This is irrelevant for Havells since only 20% of the consolidated revenue comes from the region," the Jt MD assures.