Ajay Bhat, Monnet Ispat: See Better Realisations on Sponge Iron Ahead

Monnet Ispat’s Q2 net profit came in at Rs 65 crore compared to Rs 64.2 crore during the same period last year. Its net sales were up at Rs 360 crore versus Rs 314 crore that it reported a year ago. In an interview with CNBC-TV18, Mr. Ajay Bhat, Group CFO, Monnet Ispat & Energy gave his perspective on the quarter gone by and the road ahead.