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Last Updated : Dec 22, 2017 11:30 AM IST | Source: CNBC-TV18

Expect H2 to be better than H1: Transformers & Rectifiers

In an interview with CNBC-TV18, Jitendra Mamtora, Chairman of Transformers and Rectifiers-India shared his outlook for the coming year.

CNBC TV18 @moneycontrolcom

In an interview with CNBC-TV18, Jitendra Mamtora, Chairman of Transformers and Rectifiers-India shared his outlook for the coming year.

The current order book is little over Rs 900 crore and we are expecting another order worth Rs 80-100 crore in the near-term, he said.

On exports, he said that it contributes around 11-12 percent of total revenue in FY18.

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Second half is definitely going to be better than first half. Q4 is going to be exceptionally good given the execution of export orders, he added.

Expect margin to remain steady at 10-11 percent in FY18, said Mamtora.

For full interview, watch accompanying video...

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First Published on Dec 22, 2017 11:25 am

tags #Business

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