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videos | IST

Expect sales volume to grow 9-10% in FY19, says Shree Cement

Shree Cement's Q4 earnings were in-line with street estimates.
The EBITDA level around 95 percent comes from cement, said HM Bangur, MD of the company.
Talking about sales, he said, “This year also the economy is doing good and backlog of demand is there. We expect 9-10 percent growth for Shree Cements in volume terms."
The company's capacity utilization is 80 percent. "As we are adding more capacity, in immediate future, the capacity utilization is expected to come down though volumes will increase by 10 percent," he said.