Expect to recover growth in second half of FY20: D Ram Reddy, Bajaj Amines
  • WebDesk BTVI
  • Jul 29 2019

D Ram Reddy, Joint MD at Bajaj Amines, shares what went well and what did not go well for the company in the first quarter of FY20. He says volatility in prices of raw material has put pressure on EBITDA margin and adds that Q1 was one of the weakest quarters in the last few years. He says the company expects to make recovery in the next few quarters with a flat growth in Q2 and around 10% growth in the second half of fiscal.