Hiranand Savlani, CFO, Astral Poly Technik said we see revenue potential of Rs 1000 crore from Rex Poly acquisition.
He said that usage of corrugated pipes is the future of construction sector.”
He further said that we will increase the distribution reach of Rex Poly's products.
On adhesive business front, Savlani said, “Right now it is contributing around 27 percent of our revenue.”
"We have hiked prices by 7% for CPVC pipes in Q1FY19 and our current capacity utilisation is at 72%," he said.