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    HomeNewsBusinessEarningsExpect 20-30% growth in agri business in FY18: Action Construction Equipment

    Expect 20-30% growth in agri business in FY18: Action Construction Equipment

    On tractor business, Sorab Agarwal, ED of Action Construction Equipment (ACE) said, Q1 was negative because of goods and services tax (GST) impact but in March quarter, he is hopeful to do about 20-30 percent growth in tractor business.

    CNBC-TV18
    November 23, 2017 / 11:25 IST

    Action Construction Equipment (ACE) has posted a strong Q2 with a doubling of the EBITDA. In an interview with CNBC-TV18, Sorab Agarwal, ED of the company spoke about the results and his outlook for the company.

    We are seeing a lot of demand and more sell of equipment in the industry side of our business along with infra, he said.

    On tractor business, he said Q1 was negative because of goods and services tax (GST) impact but in March quarter, he is hopeful to do about 20-30 percent growth in tractor business.

    For full interview, watch accompanying video...

    CNBC-TV18
    first published: Nov 23, 2017 11:25 am

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