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In an interview to CNBC-TV18, Jitendra Mamtora, Chairman of Transformers and Rectifiers India spoke about the results and his outlook for the company.
In an interview to CNBC-TV18 post first quarter earnings, Jitendra Mamtora, Chairman of Transformers & Rectifiers said he is confident the company will report profits for the full year.
Speaking to CNBC-TV18, Jitendra Mamtora of the company said that the company‘s order book stands at Rs 868 crore as of June 30. The company has Rs 200 crore worth orders in the pipeline.
The company reported 51.8 percent rise in total income to Rs 248 crore and operational efficiency improved to Rs 28 crore. The EBITDA margins expanded to 11.1 percent.
Speaking with CNBC-TV18, Jitendra Mamotra, Chairman of Transformers said that low margin orders and manufactured stock not converting into sales led to the downfall of net profit in this quarter.
Vinod Mason, Director of Strategy, Transformers & Rectifiers, discusses company's fourth quarter earnings and future outlook.
Jitendra Mamtora, CMD, Transformers and Rectifiers India, says in an interview to CNBC-TV18, says that distribution companies continue to pose problems for the company. Mamtora adds that the company plans to post a revenue of over-Rs 700 crore and EBITDA margins of close to 8 percent for FY14.
KR Choksey has come with its September quarterly earning estimates for power and capital goods sector. According to research firm, the sales growth is expected on back of carry forward orders.
Jitendra Mamtora, chairman and managing director, Transformers & Rectifiers (India) Ltd, spoke to CNBC-TV18 about the company‘s results for the year and the fourth quarter. The company recorded losses on lower margins for the fourth quarter due to rise in raw material costs and high kV orders.
KRChoksey has come with its December quarterly earning estimates for power & capital goods sector.
In an interview with CNBC-TV18, Jitendra Mamtora, CMD of (India) Ltd, spoke about the company’s results and the road ahead.
Emkay Global Financial Services has come out with its earning estimates on Engineering & Capital Goods sector for the quarter ended March 2011. According to the research firm, TRIL March quarter sales are expected to go up by 13.1% at Rs 241.8 crore, year-on-year, (YoY) basis.
KRChoksey has come out with its earning estimates on Power & Capital Goods sector for the quarter ended March 2011. According to the research firm, TRIL March quarter sales are expected to go up by 9% at Rs 237 crore, year-on-year, (YoY) basis.
KRChoksey has come out with its earning estimates on power & capital goods sector for the quarter ended December 2010. According to the research firm, TRIL December quarter sales are expected to go up by 23% to Rs 162 crore, Year-on-Year, (Y-o-Y) basis.