Summary:
Kolkata, Jan 27 (PTI) Carbon black manufacturer PCBL Ltd, a part of RP-Sanjiv Goenka Group, is expecting that input cost pressure with higher crude oil prices and sea freight supply chain disruptions will remain in the fourth quarter of the current fiscal, an official said.
The input cost was up by about 15 per cent, while high freight expenses and logistics disruptions dented exports margins, the company official told analysts.
"Cost pressure will remain but this quarter will be better with logistics supply easing,” he said.
The company will rebalance its export basket after the revival of the domestic market, the official said, adding that it aims at equal share between the revenue from operations within the country and exports in the next four-five years.
In the December quarter of the current fiscal, exports accounted for nearly 70 per cent of the company"s turnover as the domestic demand remained sluggish owing to "poor automobile production and semiconductor shortage", he said.
Manufacturing of motorcycles and three-wheeler vehicles was also down, the official said.