Q1 2020 Astral Poly Technik Ltd Earnings Call Transcript

Aug 02, 2019 / 12:30PM GMT
Nehal Shah - ICICI Securities Limited, Research Division - VP of Research of Midcaps

Thank you. Good evening, everyone. On behalf of ICICI Securities, we welcome you all to the Q1 FY '20 Earnings Conference Call of Astral Poly Technik Limited. We have with us the management represented by Mr. Sandeep Engineer, the Managing Director; and Mr. Hiranand Savlani, the CFO of the company, to discuss the Q1 performance.

Over to Sandeep bhai for his initial remarks.

Sandeep Pravinbhai Engineer - Astral Poly Technik Limited - MD & Executive Director

Thank you, Nehal bhai, and thank you, everyone, for joining this con call of Q1 results. The Q1 results are with you and hope you -- everyone has gone through the numbers.

I would brief you about what exactly happened in Q1 on the piping business and the adhesive business. To start with the expansion of Ghiloth, which was complete and the Ghiloth plant just settled. And in Q1, the Ghiloth plant is now 60% at -- operating at 60% efficiency. Dispatches are started in north, and we've also opened the

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