Expect 12% margins in FY19: Archies

In an interview to CNBC-TV18, Raghav Moolchandani, National Sales Head of Archies discussed the company's FY19 business outlook.

February 27, 2018 / 02:16 PM IST

In an interview to CNBC-TV18, Raghav Moolchandani, National Sales Head of Archies discussed the company's FY19 business outlook.

Our margins have been improving and for the next financial year we are looking at a double-digit margins, he said.

For our topline revenue growth, we are targeting around 15 percent and for EBITDA margins, we are targeting about 12 percent for the next financial year, he added.

Looking at now how we are placed and how our costs are placed, these targets looks achievable. Market is much more favourable, our systems are much more favourable, so our lookout is very positive for the next financial year, said Moolchandani.

For full interview, watch accompanying video…
CNBC-TV18
TAGS: #Business
first published: Feb 27, 2018 02:03 pm
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