Somany Ceramics will benefit from the recent cut in the Goods and Services Tax rate on ceramics to 18 percent from 28 percent earlier, its Managing Director Abhishek Somany told BloombergQuint. The GST impact would fade away in the upcoming quarters, he said.
The company reported its earnings for the September quarter today. He also outlined the performance of previous quarter and expectations for the coming quarters.
Watch the full conversation here: