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Margin slip in int'l mkts not a concern, says Voltas

Speaking to CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, MM Miyajiwala, executive vice president and CFO at Voltas said lower margins in international markets is not a cause for concern for the company.

February 04, 2011 / 11:33 IST
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Voltas reported net profit of Rs 70.55 crores for the quarter ended December against Rs 75.69 crores in the same quarter a year ago. Net sales stood at Rs 1039.28 crores from Rs 990.48 crores in the same period previous fiscal.

Speaking to CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, MM Miyajiwala, executive vice president and CFO at Voltas said lower margins in international markets is not a cause for concern for the company. However, he said there is no new order from international markets in third quarter.
first published: Feb 4, 2011 10:45 am

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