V-Guard unveiled a new logo and brand identity to mark 40 years of the company's existence. CNBC-TV18’s Rukmini Rao caught up with Mithun Chittilappilly, MD of the company to talk more about what lies ahead for the company.
In an interview to CNBC-TV18, Mithun Chittilappilly, MD of V-Guard Industries spoke about the results and his outlook for the company.
V-Guard Industries came out with a good set of Q2 numbers. In an interview to CNBC-TV18, Mithun Chittilappilly, MD of V-Guard spoke about the results and his outlook for the company.
V-Guard Industries has rallied over 60 percent this year. In an interview to CNBC-TV18, Mithun Chittilappilly, MD of V-Guard Industries spoke about the latest happenings in his company and sector as well as about goods and services tax (GST) impact on the company.
In an interview to CNBC-TV18, Mithun Chittilappilly, MD of V-Guard Industries spoke about the results and his outlook for the company.
Consumer electrical and electronics company V-Guard Industries expects the EBITDA to grow by 24-25 percent in FY17, says Jacob Kuruvilla, CFO, V Guard.
V-Guard Industries today reported an over two-fold jump in its standalone net profit at Rs 21.48 crore for the third quarter ended December 31, 2015.
The metal has been trading near the USD 2 per pound range because of weak demand, particularly from China, that uses almost half the global supply amid its development.
Speaking to CNBC-TV18, Mithun Chittilappilly, Managing Director, V-Guard says the company will maintain a single price policy across India for the cables and wires division while price sensitive products will include water heater stabilisers and pumps.
V-Guard targets a revenue growth of about 15 percent where average realizations for copper division is down by 10 percent year on year basis.
In an interview to CNBC-TV18, Mithun Chittilappilly, managing director, V-Guard Industries, says the company is looking to target Rs 1800 crore revenue and 8% EBITDA margins for the fiscal year.
In an interview to CNBC-TV18, Mithun Chittilappilly, MD of V-Guard Industries, said though there has been an improvement in consumer sentiment, footfall is yet to pick up.
V-Guard Industries aims to clock 9 to 9.5 percent EBITDA margin in FY14.
"The operating margins were impacted by two components. Higher ad spends in IPL impacted margins by two percent," said Mithun Chittilappilly, managing director at V-Guard in an exclusive interview to moneycontrol.com.
Mithun Chittilappilly, executive director, V Guard Industries is optimistic on the days ahead as he sees good market demand coming in from the South Indian geography.
In an interview to CNBC-TV18, Mithun Chittilappilly, executive director of V Guard Industries spoke about the latest happenings in his company and the road ahead.
Mithun Chittilappilly, ED, V Guard Industries, in an interview on CNBC-TV18 spoke about the latest happenings in his company and sector.
In an interview with CNBC-TV18, Mithun Chittilappilly, ED, V Guard spoke about the latest happenings in the company and the road ahead.