Ajay Bhat Monnet Ispat

Interviews By Ajay Bhat, Monnet Ispat

9/8/2019

1. Monnet Ispat has no mining lease in Jharkhand: Ajay Bhat

Ajay Bhatt, CFO, Monnet Ispat, speaks to NDTV Profit on the Supreme Court cancelling the mining leases in Jharkhand.

2. Verdict on coal block allocation to impact bottom line: Monnet Ispa

Ajay Bhat, group CFO at Monnet Ispat & Energy, speaks to NDTV about the impact of the Supreme Court's verdict in the coal block allocation case. Three blocks allocated to the company will get affected. Of which, one was operational and two were up for mining. The company has applied for coal linkages and this order is expected to impact the bottom line by Rs 100 crore, he says. The company has made huge investments and seeks clarity on the issue of land which belongs to it, he adds.

3. See margins exceeding 30% ahead: Monnet Ispa

Media reports suggest that Monnet Ispats power business Monnet Power is looking to sell 12% stake to Blackstone for Rs 265 crore. In an interview with CNBC-TV18, Ajay Bhat, CFO of Monnet Ispat and Energy, spoke about the prospective deal and the company's business plans going forward.

4. Monnet Ispat To Sell Stake In Orissa Sponge — August 2

Ajay Bhat the Group CFO at Monnet Ispat & Energy talks about co's plan to acquire Orissa Sponge Iron & Steel

5. See long-term iron ore prices under pressure: Monnet Ispat

The medium to long-term prices of iron ore are expected to remain under pressure and may not go up further since there is likelihood of the ban on some the Odisha mines to be lifted, said Ajay Bhat, Monnet Ispat.

6. Sponge iron prices may inch up in few months: Monnet Ispat

Sponge iron prices are up 5% in two days. In an interview with CNBC-TV18, Ajay Bhat, Chief Financial Officer of Monnet Ispat, spoke about the factors behind it.

7. Is India on the road to economic recovery

In this episode of We Mean Business, experts Dr Rajiv Kumar, independent economist and industry expert; T.C.A. Srinivasa Raghavan, senior associate editor, The Hindu Business Line; Shubhada Rao, chief economist, Yes Bank; Ajay Bhat, CFO, Monnet Ispat & Energy Ltd, and Venugopal Dhoot, CMD, Videocon Industries, discuss whether the sudden spurt in the IIP numbers is a one-time spurt or does it reflect a larger trend.

8. See better realisations on sponge iron ahead: Monnet Ispat

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, Ajay Bhat, Group CFO, Monnet Ispat & Energy gave his perspective on the quarter gone by and the road ahead.

0 Comments