Bharat Agri Fert & Realty has planned 75,000-80,000 MT production and sales of SSP fertilizer for FY2013-14 for which the company will approach existing bankers to increase working capital limit based on current year’s performance and achievements.
The company is also hopeful to receive amendment in TMC plan based on MOEF permission and will start construction work of F Tower on present available limit of 26,527 square meters as approved by MOEF, New Delhi.
However, the company has not received much commercial gain in organic farming due to poor response for organic products in current market. It is planning to go for aromatic seed plantation/grass to extract perfumery oil concentrate.
Further, the company expects to reach targeted turnover of Rs 60 crore (+/-) 5% with reasonable profit of Rs 25 crore (+/-) 5% for FY2012-13 and has also started full fledge operation in new corporate office at Andheri (East) in Mumbai admeasuring 5,000 square feet from February 2013 for better work efficiency.
