Mukund Sapre, executive director, IL&FS Transportation told CNBC-TV18 that maximum contribution to the company's revenues in the third quarter came from its construction vertical.
"On a quarter-to--quarter basis, we have around 74% rise in the revenue. The maximum contribution has come out of the construction happening at sites or through development, he said. The company expects to see 10-12% traffic growth in its current projects in FY12. "Three of my projects have shown 15-20% growth as of now. So, taking the average because in February-March the traffic goes down, we should see a 10-15% rise on the traffic on various operating project, "he added. Sapre further informed that the company expects many new project bids to take place in March. Below is the edited transcript of SapreDiscover 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!
