Concerns of profit growth for JP Associates: Seshadri Bharathan

ET Now spoke to Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd, on his views on stocks.

ET Now: Your call on JP Associates?

Seshadri Bharathan: If you look at the last quarter results, the company posted good numbers backed by growth in cement and their construction engineering business so my sense is that other businesses also need to pick up otherwise if you look at the cement business this quarter margins would be challenging for this company.

So my sense is that yes the top line growth might be seen in this company but there might be challenges for profit growth for this company.