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Sticking to the 10% volume growth guidance for FY21: CCL Products
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Sticking to the 10% volume growth guidance for FY21: CCL Products
Oct 21, 2020 5:46 AM

Growth has come in this quarter from the Vietnam facility, Challa Srishant, MD of CCL Products told CNBC-TV18.

“In India, unfortunately because the shutdown was extended a little bit, we were not able to grow further within India. But now that our plants are fully up and running, we are expecting a further improvement going forward,” he said.

Srishant further added that they are sticking to the 10 percent volume growth guidance for FY21.

On the pricing front, he said, “Pricing wise there is not much of a change that is there. Because we had better utilization in Vietnam and we have a tax holiday over there, the PAT has improved further.”

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