Margins will be better-off going ahead: Nandan Denim

Nandan Denim posted steady Q2FY18 numbers with revenue jumping as capex kicks in though margins take a hit on the back of rising raw material prices.

In an interview to CNBC-TV18, Ashok Bothra, CFO of Nandan Denim spoke about the results and his outlook for the company.

Compared to other industry players, our result seems to be better-off despite facing headwinds like demonetisation and goods and services tax (GST), said Bothra.

He further said that post Diwali there was an impact on demand.

On margin front, he said it will be better-off than the existing margins.

Watch accompanying video for more details.