Chemfab Alkalis posted a stellar set of numbers for Q1 of FY17. In an interview to CNBC-TV18, VM Srinivasan, Chief Economic Officer (CEO) of Chemfab Alkalis spoke about the results and his outlook for the company. The company has been able to use its full capacity, got benefits of cost saving measures of last year and 3-4 percent uptick in product prices, all these factors together led to margin improvement, he said. Chemfab Alkalis is planning to enhance its capacity by 25 percent and is waiting for approvals from the government for the same. The company predominantly caters to domestic market and doesn't have a significant set of customers. It supplies to a whole gamut of industry such as paper, aluminium, textile, soaps and detergents, refineries and fertilisers. Hindustan Unilever Ltd (HUL) is one of the key customers in soaps and detergent sector, he added.
0 comments:
Post a Comment