Seeing MoM as well as QoQ growth in volumes, says Greenlam

Ashok Sharma, CFO, Greenlam believes that volume keeps on increasing on a month-on-month (MoM) basis and every quarter is better than the previous quarter.

“We are a larger player in exports also. Exports quickly came back to the normal stage and we are near normal in exports. In the domestic market also, on an MoM basis volume is increasing. We are hopeful that Q3 will be better than Q2 and Q4 will be better than Q3,” he said in an interview with CNBC-TV18.

According to him, growth in furniture retailers will help the business.

“We will be the raw material supplier to them. They also need good raw materials to produce the products. That is a big opportunity for organized players like us,” he said.