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Recycling Firm Vikas Ecotech Aims to Eliminate Debts by FY24

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Vikas Ecotech aims to be debt-free by 2023-2024, already paying back Rs 98.2 crore to lenders. Also expanding business with Rs 9 crore specialty compounds sales.

Kesoram Aims to Scale Up Operations for Profitability and Debt Refinancing

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Kesoram Industries, a cement maker plans to refinance high-cost debt and dispose of non-core assets to return to profitability. It aims to sell 8m tonnes of cement and raise its installed capacity to 15m tonnes in 5 years, with a target EBITDA of Rs 500-550 crore in FY24.

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Kesoram Aims to Scale Up Operations for Profitability and Debt Refinancing

Business 0
Kesoram Industries, a cement maker plans to refinance high-cost debt and dispose of non-core assets to return to profitability. It aims to sell 8m tonnes of cement and raise its installed capacity to 15m tonnes in 5 years, with a target EBITDA of Rs 500-550 crore in FY24.

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