Rossari Biotech expects 15% growth in FY21; health, hygiene key focus
Rossari Biotech posted a strong quarter, with strong performance by the textile specialty chemicals segment. Operational performance improved quite a bit with margins coming in at almost 22 percent versus 17.50 percent same time last year.
Rossari Biotech posted a strong quarter, with strong performance by the textile specialty chemicals segment. Operational performance improved quite a bit with margins coming in at almost 22 percent versus 17.50 percent same time last year.
In an interview with CNBC-TV18, Sunil Chari, Promoter and MD at Rossari Biotech, said the company is looking at 15 percent growth this year.
“Our home, personal care and performance chemicals grew quarter-on-quarter (QoQ) over last year and also the first quarter of this year. We see focus on health and hygiene remaining forever I think,” he said.
“We are conscious of our health and this pandemic has brought this on the forefront. So we being in the products which focus on health and hygiene, we think that we are in times of accelerating growth in the future,” he added.
First Published: Oct 27, 2020 11:55 AM IST
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