Pujit Aggarwal, managing director of Orbit Corporation in an interview to CNBC-TV18 said, last one year has been nightmarish for the company due to concerns related to sanctioning of projects.
With this he believes that the company would be happy if they manage to maintain last year's revenues. Orbit Corporation's FY12 margins may take a hit on the back of rising interest costs and rising input costs. In terms of sell prices also, he doesn't expect to get any additional benefit in the next two months. "There may be more project launches ahead but currently we would close at last yearDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
