In an interview with CNBC-TV18, Anil Gupta, CMD, KEI Industries says, the company has an order book position of around Rs 750 crore at the moment. He expects Rs 1,750 crore turnover in FY12.
Below is a verbatim transcript of his interview with CNBC-TV18's Latha Venkatesh and Gautam Broker. Also watch the accompanying video. Q: What really wore down your bottom-line in the fourth quarter? Why were interest charges higher and why were employee costs up so much? A: In the fourth quarter, the margins were under pressure mainly because of huge rise in the commodity prices from December onwards in most of the metals, steel as well as insulating materials. Secondly, itDiscover 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!
