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  • Operational projects enough to service debt: Gammon Infra

    In an interview KK Mohanty, MD, Gammon Infrastructure, talked about the company's fourth quarter earnings and explained how the company's projects becoming operational will help it service its debts going forward.

  • Expect new projects to add Rs 175-200cr to topline: Gammon Infra

    Expect new projects to add Rs 175-200cr to topline: Gammon Infra

    In an interview with CNBC-TV18, KK Mohanty, MD of Gammon Infra said that the newly acquired projects can add Rs 175-200 crore to the company's revenue on an annual basis.

  • Stake sale to Brookfield to make us cash surplus: Gammon

    Stake sale to Brookfield to make us cash surplus: Gammon

    KK Mohanty, managing director, Gammon Infra says the company currently has a debt of Rs 4,000 crore. However, he hopes to be cash surplus post the 9 assets' stake sale to Brookfield.

  • Examining options to recover Gammon Infra dues: Canara Bk

    Examining options to recover Gammon Infra dues: Canara Bk

    The bank has lent close to Rs 2000 crore to the infra company.

  • Require Rs 150 cr for stalled project from govt: Gammon

    Require Rs 150 cr for stalled project from govt: Gammon

    Kishor Kumar Mohanty, Managing Director (MD) of Gammon Infra said the move is a positive one as it will help in reducing halted projects and add to revenue in long run.

  • Stake sale will help pare debt by Rs 1718cr: Gammon Infra

    Stake sale will help pare debt by Rs 1718cr: Gammon Infra

    Gammon Infra Managing Director KK Mohanty expects to get the capital from the deal in the next 30-45 days, adding that the company is currently awaiting shareholders approval for divesting the assets, he adds.

  • Smart cities need more funds, longer timeline: Infra sector

    Smart cities need more funds, longer timeline: Infra sector

    Speaking to CNBC-TV18, YD Murthy, Executive Vice President-Finance, NCC Limited says that he is confident of getting substantial orders for the smart city project and is looking forward to the new capital city of Amravati.

  • Loan repayment helped Q1; 3 new projects to aid Q2: Gammon

    Loan repayment helped Q1; 3 new projects to aid Q2: Gammon

    Speaking to CNBC-TV18, Kishor Kumar Mohanty, MD, Gammon Infrastructure says the company benefited from fall in interest costs due to repayment of IDFC loan.

  • See around Rs 150 cr rev from Indira Terminal: Gammon Infra

    See around Rs 150 cr rev from Indira Terminal: Gammon Infra

    The traffic growth of Indira Container terminal is likely to be around 15 percent, said KK Mohanty, MD, Gammon Infrastructure.

  • Expect Rs 400-450 cr EBITDA increase in FY16: Gammon Infra

    Expect Rs 400-450 cr EBITDA increase in FY16: Gammon Infra

    KK Mohanty, MD of Gammon Infrastructure said 50 percent of the company's total debt is in operational projects. However, servicing the same is not a big challenge.

  • EPC contribution to revenue at Rs 40-50 cr: Gammon Infra

    EPC contribution to revenue at Rs 40-50 cr: Gammon Infra

    Kishor Kumar Mohanty, MD of Gammon infrastructure, discusses company's earnings for the fourth quarter and its future outlook.

  • Talking to bankers, MPT to restructure port project: Gammon

    Talking to bankers, MPT to restructure port project: Gammon

    In an interview with CNBC-TV18‘s Ekta Batra and Anuj Singhal, KK Mohanty, Managing Director, Gammon Infrastructure, discussed state of the infrastructure sector and the company‘s own projects.

  • Targeting topline of Rs 1500 cr by FY15-end: Gammon Infra

    Targeting topline of Rs 1500 cr by FY15-end: Gammon Infra

    In the December quarter, Gammon Infra received arrears worth Rs 35 crore on account of a project, says MD Kishor Kumar Mohanty

  • Gammon to buy Sadbhav's 20% in Mum-Nasik E-way for Rs 72 cr

    Gammon to buy Sadbhav's 20% in Mum-Nasik E-way for Rs 72 cr

    Discussing the details of the deal, Kishor Kumar Mohanty, MD, Gammon Infrastructure, said it makes an investment sense for both parties as Sadbhav was a minority stakeholder.

  • To benefit by Rs 100 cr post rate cut by RBI: Gammon Infra

    To benefit by Rs 100 cr post rate cut by RBI: Gammon Infra

    MD KK Mohanty said the cost of funds is a critical aspect to make industry globally competitive. The company is on the verge of completing three projects and has operational assets worth Rs 2,500 crore.

  • 5:25 scheme a key positive step for infra cos: Gammon

    5:25 scheme a key positive step for infra cos: Gammon

    KK Mohanty believes the scheme will be more effective at lower interest rates.

  • Target over Rs 250cr topline in Q3, Q4: Gammon Infra

    Target over Rs 250cr topline in Q3, Q4: Gammon Infra

    The company's net sales were up 11 percent at Rs 173.5 crore against Rs 155.3 crore.

  • Most roads projects have lost viability: Gammon Infra

    Most roads projects have lost viability: Gammon Infra

    Because of the negative economic environment, it will be difficult for banks to fund the large ticket infrastructure projects.

  • No revival till 2014 polls; rate hike to hit infra: Gammon

    No revival till 2014 polls; rate hike to hit infra: Gammon

    Gammon Infra feels that the infrastructure sector may see no recovery till 2014 polls as there will be political indecisions and lack of stability. The PPP projects may also see a rise in debts in case banks decided to pass on rate hikes to the customers.

  • Land Bill to hike proj costs; Q2 to be flat: Gammon Infra

    Land Bill to hike proj costs; Q2 to be flat: Gammon Infra

    In an interview to CNBC-TV18, Kishor Kumar Mohanty, MD, Gammon Infrastructure projects speaks about the Land Acquisition Bill and why it needs to be implemented properly.

  • Despite odds, expect Rs 1k-cr rev in FY14: Gammon Infra

    Despite odds, expect Rs 1k-cr rev in FY14: Gammon Infra

    For doing Rs 1,000 crore revenues in FY14, Gammon Infra has to do around Rs 250 crore revenues each quarter, which seems challenging with big ticket orders being hard to come by and those in kitty should be completed on time.

  • New exit norms good for viable projects: Gammon Infra

    New exit norms good for viable projects: Gammon Infra

    Parag Parikh, ED & CFO of Gammon Infra believes that the new exit norms are a welcome move by CCEA. He told CNBC-TV18 that it is not a solution for projects, which are not viable fundamentally. However, substitution is open for all viable commissioned projects, he added.

  • Expect to cross Rs 1000 cr topline for FY14: Gammon Infra

    Expect to cross Rs 1000 cr topline for FY14: Gammon Infra

    While commenting on the future of his company, KK Mohanty of Gammon Infrastructure said, "We are intending to put three more projects into operation. We will be completing Godavari Bridge, Patna-Hajipur Highway and one of the power project or port projects". These projects will be completed from quarter three onwards.

  • Gammon Infra gets financial closure for five road projects

    Gammon Infra gets financial closure for five road projects

    Gammon Infrastructure Projects has received financial closures for five road projects spread across different states. The company received a total grant of over Rs 1,000 crore for these projects.

  • Gammon Infra to commission 3 key projects in 12-15 mths

    Gammon Infra to commission 3 key projects in 12-15 mths

    Parag Parikh ED & CFO, Gammon Infrastructure Projects, says that the company has posted cash profit of Rs 122 crore for nine months in FY13.

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