Moneycontrol
Sep 14, 2017 12:38 PM IST | Source: CNBC-TV18

Expect growth of 25% in FY18: Mirc Electronics

Mirc Electronics is a consumer electronics company and manufacturer of the Onida brand of products. In an interview to CNBC-TV18, Vijay Mansukhani, MD of the company spoke about the latest happenings in the company and gave his outlook going ahead.

Mirc Electronics is a consumer electronics company and manufacturer of the Onida brand of products. In an interview to CNBC-TV18, Vijay Mansukhani, MD of the company spoke about the latest happenings in the company and gave his outlook going ahead.

Looking to monetise our non-core assets worth Rs 200 crore, said Mansukhani.

He further said that the company will become debt free after monetising non-core assets.

Mansukhani expect growth of 25 percent in FY18.

The current debt is at around Rs 130 crore, he added.

Watch accompanying video for more details.

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