Key Points
So, this year we will go all out for turning to black, P Radhakrishnan, whole-time director & CEO, Kesoram, told reporters here on Wednesday after the companys annual general meeting...
B K Birla Group flagship Kesoram Industries is eyeing to be back in black in the next 18 months as the company aims to reduce debt and improving margins...
Radhakrishnan said the company was planning to reduce its debt to around Rs 1,200 crore in the next few years from the current level of Rs 1,700 crore...
In the current fiscal, we plan to take it to around 60%, the CEO said, adding margins of blended cement were generally higher...
Kesoram currently has a cement production capacity of around 10 million tonne, while the clinker capacity stands at around 6 million tonne..
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