Shriram EPC's turnaround story continues as the company is on track to report FY18 in profits. In an interview with CNBC-TV18, T Shivaraman, MD and CEO of the company spoke about the results and his outlook for the company.
Revenues have been upped due to good order flows in the last year. Currently, we have a backlog of about Rs 3,200 crore of orders and we see good traction on new orders going forward, he said.
The EPC market is good for us, the order flow is good for us and we are able to maintain and improve our topline, he added.
We are well positioned to grow going forward, said Shivaraman.
See a lot of action in EPC and in our chosen space of water and infrastructure, steel is also coming back and international markets are also looking fairly okay. We are quite optimistic about the future, he further mentioned.
For fullinterview, watch accompanying video...
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