By 2020, Venky's India will be debt free, says Venkatesh Rao
Venkatesh Rao, managing director, Venky's India said that within two years, we would like to close the debts.
Venkatesh Rao, managing director, Venky's India said that within two years, we would like to close the debts.
He said, "It is coming down compared to last quarter because the profitability has gone up. We are working very hard on the debts. We are expanding very meticulously."
“Input cost looks good. This year looks to be very lucrative. I think it is a win-win situation this year,” he said.
“We are exporting to Middle-East and other places,” he added.
“Within two years of period, we would like to close the debts. It is coming down compared to last quarter because the profitability has gone up. We are working very hard on the debts. We are expanding very meticulously,” said Rao.
“Expand according to the market. It is a win-win situation if you go according to mantra,” he further mentioned.
First Published: Aug 9, 2018 3:17 PM IST
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