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Full impact of new unit only in FY13
In the midcap scene,[url=http://woolrichoutletdeutschland.halod.com/][b]Woolrich Arctic Jacket[/b][/url], Mirza International has been catching the interest of investors. It has recently undertaken a plan to expand capacity at its Greater Noida plant.
Rashid Mirza,[url=http://woolrichoutletdeutschland.halod.com/][b]Woolrich Herren outlet deutschland[/b][/url], Managing Director tells CNBC-TV 18 that the company is expecting the increase in capacity to add Rs 120-130 crore in terms of revenue in FY12. But the full impact of the new unit is expected to come in only in FY13.
Q: We understand that there is some capacity expansion which is taking place at your Greater Noida unit,[url=http://parajumperssalenorge.albirank.net/][b]Parajumpers Jakke[/b][/url], could you tell us when would it be commercially operational and how much would it up your capacity by?
A: We have started a new plant in Greater Noida,[url=http://rogervivieronlinesale.olimx.com/][b]cheap roger vivier sale[/b][/url], which has a capacity of almost 1.2 million pairs of baby shoes per year, which in terms of revenue means about 120-130 crore. At the moment,[url=http://duveticaukoutlet.halod.com/][b]Duvetica Jackets[/b][/url], we have started trial production. In three-four months time,[url=http://peutereyoutletitaliaonline.olimx.com/][b]Peuterey Italia[/b][/url], we should start producing. I think by 2012- 13,[url=http://discountnikesoccershoes.webmium.com/][b]Discount Soccer Shoes online[/b][/url], that unit should be fully operational.
Q: What are you expecting in terms of FY12 in terms of growth and in terms of bottomline as well,[url=http://duveticaitaliaoutlet.webmium.com/][b]http://duveticaitaliaoutlet.webmium.com/[/b][/url]?
A: FY12 should grow about 10% over FY11,[url=http://duveticaukoutlet.halod.com/][b]Duvetica Outlet[/b][/url], but the full impact of the new unit should come in FY12-13.
Q: Any more capex that you have lined up currently,[url=http://duveticaukoutlet.halod.com/][b]http://duveticaukoutlet.halod.com/[/b][/url]?
A: Yes, we are going to increase the streamline and modernize the existing tannery capacity, which is going to employ another capex of Rs 80-90 crore spread over the next twelve months.
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