Kalindee Rail Nirman's general manager of finance, AP Verma told CNBC-TV18 that the company is expecting a growth of around 30-40% for this fiscal year. He also said that they had submitted their bids for the railway siding works and Rail Vikas Nigam (RVNL) worth Rs 1000 crore and Rs 700-800 crore respectively.
Below is the verbatim transcript of his interview. Also watch the accompanying video. Q: The RVNL will open up orders worth about Rs 1000 crore. When will the bidding for these take place? What will be the quantum? Will it all take place in one go?A: We have already submitted bids with RVNL of around Rs 700-800 crore. We are in the process of bidding further about another Rs 750 crore shortly. Q: When do you expect to hear on how much you have won for these already submitted bids of Rs 700-800 crore?
A: The result is not yet out. It might take around one
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