Q2 to be significantly better: Shree Renuka Sugars
Shree Renuka Sugars managing director Narendra M Murkumbi tells NDTV Profit that the coming quarters of the current fiscal year are likely to be much better, both in terms of basic earnings as well as margins, because the ethanol side of the business, which was bogged down by large inventories in the first quarter, is likely to perform much better and inventories are likely to get cleared out.
