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EIL needs no debt or equity in FY12

Ashok Kumar Purwaha chairman of Engineers India Ltd (EIL) says the company doesn’t require any borrowings in FY12. “We are a zero debt company today and are sitting on a cash of about Rs 2,000 crore. We don't need to go in for any borrowings.”

April 01, 2011 / 17:49 IST
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Ashok Kumar Purwaha chairman of Engineers India Ltd (EIL) says the company doesn

TAGS: #Anuj Singhal #Ashok Kumar Purwaha #Business #Engineers India Ltd #Latha Venkatesh #National Fertilizer Corporation
first published: Apr 1, 2011 01:56 pm

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