Rajesh Rathi
Chairman and Managing Director
Notable Quotes
We expect a 9 to 10 million of a business EBITDA right however we are in a mode now to start reducing our inventories... and that would have an impact on our EBITDA going forward but it will have a very positive impact on cash flow.
The customers promised that they would start buying after January and we are seeing that already in January and early February.
Our target in the next three quarters is to reduce our inventory in the range of 30 to 40 million.