Don’t expect a significant ramp-up in revenue going ahead, says Cosmo Films

Cosmo Films reported Q2 earnings, its revenue growth was flat, and margins improved substantially to over 11 percent.

On revenues, Pankaj Poddar, CEO of the company said, “We are fully utilized and therefore we do not expect a significant ramp-up in the revenues. We have added master batch plant this year and that should add maybe Rs 100 crore on an annualized basis, we expect this line to fully utilize by year-end.”

“Our specialty growth has been phenomenally good, we have grown 16 percent year-on-year and therefore we expect that the margins will remain quite strong for us,” he added.