Oct 20, 2011 08:48 PM IST | Source: CNBC-TV18

WWIL might breakeven in the next two-three quarters: CEO

Sudhir Agarwal, chief executive officer of the company tells CNBC-TV18 that he is not worried about the weak cash flows that his balancesheet for Q2 reflects, since the company has been gaining from strength-to-strength over the past couple of quarters. In fact, he expects his company to turnover in the next two-three quarters.

The Wire and Wireless India stock saw some action over the past week upon cable digitization. The company is back in news with its second quarter results. Even though WWIL posted 27% jump in revenues for Q2, PAT remains negative and margins a meager sum. Sudhir Agarwal, chief executive officer of the company tells CNBC-TV18 that he is not worried since the company is gaining from strength-to-strength over the past couple of quarters. "EBITDA has been positive for the past six quarters and this quarter, it has grown 135%,

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