Although commodity costs declined in the September quarter, they are expected to stay high due to a lag effect.
On the road ahead, Bharatendu Kapoor, senior vice president- Sales, Farm Division, Mahindra & Mahindra, says a rise in raw material cost has led to a Rs 4000 hike in prices since January and the company is seeing some signs of revival in Karnataka.
Prabhudas Lilladher has come out with its report on Capital goods update. According to the research firm benefit of softening raw material cost might be negated by the weakening rupee.
Sandeep Jajodia, executive vice chairman and managing director of Monnet Ispat joins CNBC-TV18 to highlight the quarterly performance of the company. He says that though volumes have been good this quarter, margins have been affected due to high cost of raw material such as coal and iron-ore.
Gallantt Metal has commissioned a palletisation plant in Karnataka in a bid to reduce raw material costs by 10%.
V Kumarswamy, chief financial officer of JK Paper tells CNBC-TV18 in an exclusive chat that he expects margins of his company to fall this quarter due to irregularity of coal supply.
HK Jha, managing director of Tata Metaliks joins CNBC-TV18 to discuss the prospects of his business in view of the Karnataka mining ban.
Talking to CNBC-TV18 in an exclusive, Adi Godrej, managing director and chairman of Godrej Consumer, says that advertising and promotion cost for the company has risen sequentially and is likely to go up further in the coming quarters
A Vellayan, Executive Chairman of Murugappa Group joins CNBC-TV18 to talk about the group’s companies and the headways they have made.
Venky's India sees their poultry business growing at a quick pace in the coming quarters. B Venkatesh Rao, Joint MD of Venkys India spoke to CNBC-TV18 about the company earnings this quarter and the way ahead