Pranav Bans
Managing Director and CEO
Notable Quotes
We have successfully launched induction hardened and tempered (IHT) wires by adding 9,000 tons of high performance capacity. This product is primarily used in automotive suspension springs, allowing us to deepen our engagement with automotive OEMs while improving our long-term margin profile.
We have generated almost 240 crores of free cash from operations which was almost a full year's target and with another quarter left I'm confident we would be able to achieve much better than expected on that front.
Our target for this year was a growth of about 30% which we revised to maybe towards 40% within this year. I think we are already on track for that.