High interest, forex costs hit profits in Q3: Zuari Industries
Suresh Krishnan, Managing Director of Zuari Industries told NDTV Profit that a mix of production and manufacturing has led to a decline in profits in the October-December quarter. "Our EBITDA margins declined due to rupee depreciation, however, our total sales for the cumulative period stood at 15,00,000 tonne," he added.
