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"The effect of demonetisation has taken a toll on the topline growth but that was expected. This quarter I don‘t see any surprises with demonetisation effects are going to get tapered off", Abhishek Somany, MD of Somany Ceramics told CNBC-TV18.
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India Inc is expected to see a two-year high growth rate of 8 percent in the topline during the first quarter ended June 30, mainly driven by export oriented units like IT sector, Crisil said in a report
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The company has no capex plans in the near-term, but aims to utilise its capacities to their fullest by increasing production of dyes, says Manish Kiri, the MD of Kiri Industries, in an interview to CNBC-TV18.
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The newly listed Thyrocare Technologies aims to maintain the revenue growth of 30 percent in FY17, says the CEO and CMD A Velumani, in an exclusive interview with CNBC-TV18.
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The company is looking to open a polyurethane (PU) plant in Gwalior, amidst rising water concerns in its current plant in Rajasthan, says Suresh Kumar Poddar, CMD & CEO of Mayur Uniquoters.
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Kamal Singal, CEO, Arvind Infra is happy with the company's performance for the full year. He is confident of maintaining a 30-40 percent growth rate going forward too.
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Mithun Chittilappilly, Managing Director, V-Guard Industries in an interview to CNBC-TV18 said the topline growth in first half has been just around 2.6 percent and so have revised the full year topline growth guidance from 15 percent to 10-12 percent.
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Nalin Gupta, Managing Director of J Kumar Infraprojects is hopeful of a 15-20 percent topline growth in FY16 compared to FY15.
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Andrew Holland of Ambit Investment Advisors is bullish on the banking sector, especially private sector banks, as he believes there is still room for the Reserve Bank governor Raghuram Rajan to go in for more rate cuts. However, he is not too keen on the NBFC space and prefers banks over it
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Speaking about the business outlook going forward Dinesh Nolkha, MD, Nitin Spinners, Bhilwara said revenue of Rs 200 crore was achievable for the next two-three quarters.
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Aim to improve growth margins by 0.5 to 0.6 percent in the current year, Sunit Shangle, CFO, Kwality told CNBC-TV18.
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In the second half of the year, TT Jagannathan, chairman, TTK Healthcare expects sales to grow by 10 percent but bottomline to drop again by about 5 percent. He expects profit before tax to be about Rs 15 crore after spending around Rs 11 crore on initiatives.
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R Sukumar, MD and CIO of Franklin Asian Equities recommends long-term investors to bet on Indian equity market given its attractive valuations.
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India Inc's top line growth of for the fourth quarter FY13 will be at a 13-quarter low, says Ajay Bodke of Prabhudas Lilladher, reflecting a sharp dip in aggregate demand. Talking to CNBC-TV18, he says that revenues for Nifty companies are expected to grow at around 6 percent on a year-on-year basis.
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Nikhil Nanda, the joint managing director of Escorts, tells CNBC-TV18 that the merger of three group companies with itself will help aid topline growth.
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Madhan Nadkarni, CFO of Unity Infraprojects, tells CNBC-TV18 that the new orders worth Rs 140 crore will add Rs 16-20 crore to their topline this financial year.
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Arvind's revenue was up 22.5% at Rs.1255.7 crore versus Rs.1024.9 crore. Chairman and managing director Sanjay Lalbhai expects to improve margins from current levels of 15-16% and maintain a 20% topline growth this year. The company’s revenue target for this year is USD 1 billion and USD 2 billion by FY15.
