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Confident of crossing annual profit of Rs 12cr: Indowind

KV Bala, Chairman, Indowind Energy in an interview with CNBC-TV18 said that the company is confident of crossing the yearly profit figure of Rs 12 crore. If the company is successful in implementing new projects on time then profits could jump by another 30-40%.

July 13, 2011 / 17:01 IST
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KV Bala, Chairman, Indowind Energy in an interview with CNBC-TV18 said that the company is confident of crossing the yearly profit figure of Rs 12 crore. If the company is successful in implementing new projects on time then profits could jump by another 30-40%.

From this year onwards the company is taking into account April - March as the regular year.

Also Read: Indowind Energy to raise $25-50 mn for 100 mw project

Below is the verbatim transcript of his interview with Latha Venkatesh and Ekta Batra of CNBC-TV18. Also watch the accompanying video.

Q: What went wrong in the quarter that just went by that is the March quarter, we don

first published: Jul 13, 2011 03:25 pm

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