Expect FY18 revenue at Rs 2200-2400 crore: Jayant Agro

Vikram Udeshi

CFO | Jayant Agro Organics

• Expect FY18 revenue at Rs 2200-2400 crore: Jayant Agro

• Will continue to see improvement on bottomline: Jayant Agro

• Jayant Agro posts volume growth of 20% in Q3

Jayant Agro-Organics reported a subdued set of earnings. In an interview to CNBC-TV18, Vikram Udeshi, CFO of Jayant Agro Organics spoke about the results and his outlook for the company.

Higher crude prices are significantly positive for the company, said Udeshi.

Talking about numbers, he said Q2 margin impacted due to goods and services tax (GST) and withdrawal of export incentives.

He expects an improvement in margin in Q3.

On revenue front, he expects FY18 revenue at Rs 2,200-2,400 crore.

We crossed 40 percent volume growth in first half of the year. Therefore, expect 20 percent volume growth for FY18, he said.