See good FY15 revenue on product mix changes: Kwality Dairy

Nigel: We have seen a bit of run on your stock, you all have taken a price hike, could you tell us when and what was the quantum of that?

A: We have been just doing the things that we were supposed to do which is giving good results and the market has taken note of that and they have rewarded us well but as far as our company goes we are too focused on the kind of things that we want to do which is for the stakeholders whether it is the farmers or whether it is the shareholders to increase the value of everyone and that is something which I am very happy which the market has taken note and rewarded.

Reema: FY14 was a good year for you all, close to about 30 percent growth in revenues as well as profitability, will FY15 be better than FY14 and what are your growth projections?

A: That should be definitely looking better because the company has taken the approval for almost Rs 3,000 crore of capital expenditure into the procurement system and also into the value added products and we are quite hopeful that with the product mix getting changed and more value added products being introduced in the next few quarters the profitability should look better for the company.

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