NIFTY 50

Expect 90% capacity utilisation this year, says Globus Spirits

Updated : May 22, 2018 11:34:17 IST

Beverage company, Global Spirits is expected to use 90% of it capacity  in FY19, said Shekhar Swarup, Joint MD of the company.

In this financial year, a profitability growth will be coming from Rajasthan due to a price increase the country liquor business, said Swarup.

The company has sold 1.3 crore cases of country liquor this year.

“We undertook two greenfield projects in West Bengal and Bihar pretty much at the same time," he said

They are also expecting growth in Indian Made Foreign Liquor (IMFL) business in West Bengal, said Swarup.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you