Mayank Agarwal
Chief Executive Officer
Notable Quotes
Our clear objective is to progressively reduce these proportions by deepening integration and channeling more of our upstream products into finished TMT thereby capturing the full value addition at every stage of the chain.
Despite significant volatility in input prices, particularly coal and iron ore and the impact of currency movements on import cost, we have maintained our raw material cost as a proportion of the net realization at approximately 72%.
Gallant is a net cash surplus generating company. We carry no term loans and our borrowings are limited to working capital facilities deployed in the normal course of operations.