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Earnings

FY19 revenue growth seen at Rs 4,700 crore, says Prakash Industries

Updated : April 30, 2018 04:04:16 IST

FY19 is going well and the company has a guidance of 60% growth in this year with a turnover target of around Rs 4,700 crore, said Ved Prakash Agarwal, chairman, Prakash Industries.

Prakash Industries posted a good set of earnings this quarter.

“The sales volume growth last year was about about 0.8 million and in the following year it is likely to be 1.2 million,” he said.

“The finance cost has been good in the sense that our loans have gone down, so the finance cost in the following year would be much less by about 10%,” he added.
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