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.