Expect margins to improve in Q4: KEC International

KEC International's consolidated net profit for the third quarter rose 40% year-on-year to Rs 81 crore, helped by one time gain from sale of a land in Navi Mumbai.

Its net revenue for the October-December was up 36.3% from a year ago to Rs 1,459 crore, the power transmission equipment maker said on Tuesday. In an interview to CNBC-TV18, Ramesh Chandak, CEO and MD, KEC International says, the company should be able to maintain margins closer to 9%. "Hopefully, the margins will improve in last quarter," he adds.  Below is the edited transcript of his interview with CNBC-TV18's Latha Venkatesh. Also watch the accompanying videos. Q: Can you take us through how your margins performed? A: The revenue has gone up. We have shown a higher profit after tax (PAT). But PAT also includes a part of our other income