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ABG Shipyard expects govt to up subsidies in FY12

D Datar, CFO of ABG Shipyard tells CNBC-TV18 that EBITDA shrink in Q4 was mainly due to servicing the Coast Guard which does not draw subsidy. The project is nearing completion, and hence, the subsidy is expected to go up, he says.

first published: Jun 1, 2011 11:42 am

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