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Heranba Industries eyes Rs 1,200 cr revenue in FY21; to enter capital mkts to raise Rs 700 cr
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Heranba Industries eyes Rs 1,200 cr revenue in FY21; to enter capital mkts to raise Rs 700 cr
Nov 27, 2020 6:23 AM

Agrochemical company Heranba Industries, which is planning to enter the capital markets soon, is expecting Rs 1,150-1,200 crore revenue in 2020-21 as the economic activities are improving gradually after the havoc caused by the pandemic, a top company executive has said.

Being an agrochemical company, we were not affected much by the disruptions caused by the pandemic. In 2019-20, we clocked a revenue of Rs 950 crore and this year during the first half we had garnered a revenue of Rs 618 crore.

”And if the situation improves further, the management is confident on achieving the revenue target of over Rs 600 crore in the last two quarters to reach overall Rs 1,150-1,200 crore in FY21, Heranba Industries Chairman Sadashiv Shetty told .

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