Oriental Carbon to commission new capacity of 5,500 tonnes by Q2FY19

A top official of Oriental Carbon and Chemicals has revealed the company’s plans to commission new capacity of 5,500 tonne by the second quarter of FY19.

Speaking to CNBC-TV18, Anurag Jain, chief financial officer of Oriental Carbon, said that they expect capacity in second half to be better than first half.

Current capacity should be fully utilised by Q4 of FY18, said Jain. He added: “We have not seen any impact currently on margin due to higher input cost.”

Talking about debts, he said: “Our debt can go up by Rs 25-30 crore due to additional capacity.”

Image Credit : img-d02.moneycontrol.co.in

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