Excerpts from 1QFY13 conference call
Rajesh Kumar Ravi: So, around Rs. 1,000 crores top line can be there, this is what you are implying on a conservative number?
Jagdish Gupta: Yes.
Rajesh Kumar Ravi: That is where almost a Rs. 1,000 crores versus Rs. 660 crores, you’re looking at (+50%) top line increase this year?
Jagdish Gupta: Your figures are more than me because…
Rajesh Kumar Ravi: No, just on the conservative side you’re targeting given that Q1 is a low base number?
Jagdish Gupta: I can’t answer much in this but you are right. Whatever calculation you are doing is correct.
So this means company is talking of Rs1000crs revenues in FY23 v/s Rs660crs in FY22. That is quite amazing
Moderator: We will move to the next question from the line of Mihir Dhami from Lucky Securities.
Mihir Dhami: The 40% capacity increase which you are going to do, how much time it will take to come on stream, in how much time will it come?
Jagdish Gupta: Within this financial year. It will come by end of this financial year.
Mihir Dhami: And in current plant, how much can we expand the capacity?
Jagdish Gupta: That already I told combining the two lines, we can go up to Rs.1,500 crores from this total operation.
Does this mean there is potential to expand revenues 50% again in FY24 v/s FY23?
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