The EBITDA margins for FY18 would be around 28-29 percent, said Vinati Saraf Mutreja, ED, Vinati Organics.
Vinati Organics have expanded capacity at their Mahad facility. In an interview to CNBC-TV18, Vinati Saraf Mutreja, ED of Vinati Organics explains what this means for the company.
Vinati Organics expects a 15 percent growth in revenue and profits in financial year 2018, said Vinati Saraf Mutreja, company's Executive Director.
The company has passed on crude price movements to customers, says Vinati Saraf Mutreja, ED of Vinati Organics.
Speaking on the company's plans for FY17, Vinanti Saraf Mutreja said that she expects a revenue of Rs 200 crore from the capex of Rs 150 crore in the coming fiscal.
Speaking to CNBC-TV18, Vinati Saraf Mutreja, Executive Director of the company said that this had been done to increase promoters stake to 75 percent from the current 72 percent.