In an interview to CNBC-TV18, Saket Jindal, MD of Maharashtra Seamless spoke about the latest happenings in his company and sector.
Growth was led by increase in production due to anti-dumping duties imposed on China last year. So we have bagged the additional market share from Oil and Natural Gas Corporation (ONGC) and certain other sectors, he said.
We expect more than Rs 2,000 crore of topline. Margins are also intact and we expect to continue with the same margins, he added.
Company’s current order book is Rs 600 crore.
ONGC tender should come for bidding in another month or so, said Jindal.
For full interview, watch accompanying video...
Discover 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!
