In an interview with CNBC-TV18, Devendra Shah Chairman of Parag Milk Foods spoke about the latest happenings in his company and sector.
CNBC TV18
@moneycontrolcom
In an interview with CNBC-TV18, Devendra Shah Chairman of Parag Milk Foods spoke about the latest happenings in his company and sector.
Procuring price for milk has decreased 7-8 percent compared to last year, he said.
On gross margins, he said that it is expected to remain at 30-32 percent mark.
Current milk procurement price is at Rs 23.50 per litre, said Shah.
Margins can exceed 10 percent mark in Q4, he further mentioned.
For full interview, watch accompanying video…
