Oct 10, 2011 05:34 PM IST | Source: CNBC-TV18

Rising interest, input cost may hit FY12 margin: Orbit Corp

Pujit Aggarwal, managing director of Orbit Corporation in an interview to CNBC-TV18 said, last one year has been nightmarish for the company due to concerns related to sanctioning of projects.

Pujit Aggarwal, managing director of Orbit Corporation in an interview to CNBC-TV18 said, last one year has been nightmarish for the company due to concerns related to sanctioning of projects. 

With this he believes that the company would be happy if they manage to  maintain last year's revenues. Orbit Corporation's FY12 margins may take a hit on the back of rising interest costs and rising input costs.

In terms of sell prices also, he doesn't expect to get any additional benefit in the next two months. "There may be more project launches ahead but currently we would close at last year

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