Vimal Kedia

Plunging crude prices will eventually reduce raw material cost price but company‘s margins could remain under pressure, says Vimal Kedia, MD, Manjushree Technopack.

Budget 2012: Focus on manufacturing is good, says Vimal Kedia

By Vimal Kedia, Managing Director, Manjushree Technopack

Budget Expectations: Add packaging to food processing ind Manjushree Technopack

The raw material prices have globally increased by 40% and more and this is in addition to credit squeeze in the market faced by most SMEs. Credit availability at reasonable rates, particularly for the SME segment is something that the Government needs to address as part of the Budget or otherwise.

Topline may cross Rs 300cr in FY12: Manjushree Technopack

In an interview to CNBC-TV18, Vimal Kedia, managing director of Manjushree Technopack says, FY12 will be a good financial year. “I think our top-line should cross about Rs 300 crore as against Rs 215 crore last year. Last year, our bottom-line was about Rs 15 crore. This year we should surpass Rs 20 crore.”