Moneycontrol PRO
Outskill Genai
HomeNewsBusinessEarningsExpect better results going forward; plan to pare debt: Rolta India

Expect better results going forward; plan to pare debt: Rolta India

In an interview to CNBC-TV18, KK Singh, CMD of Rolta India spoke about the results and his outlook for the company.

November 13, 2017 / 14:59 IST

In an interview to CNBC-TV18, KK Singh, CMD of Rolta India spoke about the results and his outlook for the company.

This quarter we have absorbed the complete increment of employees which has made a difference of about 10 percent, he said.

We feel very happy about the fact that in difficult market, we are able to go forward and show better results, he added.

We expect the results to even do better as we go forward, said Singh.

Debt is almost constant and we believe that we will be able to cut the debt substantially as we go forward, he further mentioned.

New defence minister, Nirmala Sitharaman, has been very much focused on Make in India projects and so we are very optimistic, he said.

For full interview, watch accompanying video...

CNBC-TV18
first published: Nov 13, 2017 02:59 pm

Discover 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!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347