Margins under pressure for JP Associates: Seshadri Bharathan

ET Now spoke to Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd, for a fundamental check on JP Associates.

What's the call on JP Associates?

As for JP Associates, there are headwinds since cement business is where margins are coming down and that's getting reflected in their profitability numbers. While they have been able to sustain their sales and grow their sales but margins are definitely under pressure for JP Associates.