We are trying to grow at 15% and we have deployed our sales generating assets accordingly so it looks around Rs 650-675 crore turnover and looking for good season, said Rajesh Gandhi, CMD, Vadilal Industries.

Both ice-cream and processed food business is growing around 8-10% on an average, he said.

According to him, realisations are fairly reasonable around Rs 110-115 per litre.

On business front, he said, “We have done a small price correction in February and March. The raw material prices are soft especially milk product prices, dairy fat, sugar and chocolate are also down so we do not need any more price corrections.”

The company was operating at around 80-85% of total capacity and the capital expenditure of Rs 20-25 crore will continue, Gandhi added.

First Published:May 29, 2018 2:42 PM IST