Ahluwalia Contracts eyes Rs 2600 cr orders in FY12

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Ahluwalia Contracts eyes Rs 2600 cr orders in FY12

Construction contractor Ahluwalia Contracts (India) Ltd expects order inflows of Rs 2600 crores, leading to a 20% rise in revenues in FY12, despite a difficult industry environment, a top official said on Monday.

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Construction contractor Ahluwalia Contracts (India) Ltd expects order inflows of Rs 2600 crores, leading to a 20% rise in revenues in FY12, despite a difficult industry environment, a top official said on Monday.

The New Delhi-based firm expects orders from real estate, power and urban infrastructure among others, Executive Director (Finance) Sunil Kumar Sachdeva told Reuters in an interview, while admitting there were problems in the real estate, construction and infrastructure sectors.

"It's not that bad, but the present environment is not so encouraging."

The company had an order inflow of Rs 2100 crores in FY11, he said.