Pressure on margins due to rise in power, fuel, raw material costs
Ravi Gupta, CFO of Maharashtra Seamless Limited told NDTV Profit that the company expects to maintain margins at around Rs 14,000/metric tonne. "This has been a strong quarter for us as reflected by turnover. Quantitative turnover was 43 per cent," he said. However, he said that there has been pressure on margins front because of increase in raw material cost, cost of power and fuel.
