Somi Conveyor Beltings sees FY09 PAT at Rs 5 cr
Published on Thu, Jul 24, 2008 at 22:30 , Updated at Thu, Jul 24, 2008 at 14:26
Source : CNBC-TV18
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Om Prakash Bhansali, Chairman & MD, Somi Conveyor Beltings said that his company may achieve Rs 5 crore profit in FY09.
Excerpts from CNBC-TV18's exclusive interview with Om Prakash Bhansali: Q: Our estimates indicate your might do Rs 50 crores in sales and a PAT of about Rs 4 crore, is that the target you have set out? Q: How do you expect your margins to pan out?
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Somi Conveyor Beltings, a manufacturer of Rubber Conveyor Belts of various sizes used for industrial applications of material handling in various industries, listed at Rs 37.65 on the BSE against the issue price of Rs 35 at a premium of 7.57%. 


