Subros is in focus on the back of a good Q2. In an interview to CNBC-TV18, PK Duggal, VP-Corporate Planning & Marketing of the company spoke about the results and his outlook going ahead.
We have grown by 23 percent on volume in Q2, said Duggal.
Talking about client contribution, he said Maruti Suzuki provides 71 percent of total revenue followed by Tata Motors, Mahindra and Mahindra, Renault Nissan and Denso.
He further said that difference in margin from Maruti and peers is not between 5 percent and 7 percent.
On capacity front, he said the current capacity is at 1.5 million units and utilisation is at 90 percent so far.
"We will be closing this year between Rs 1,800-1,900 crore and next year we are expecting to reach to Rs 2,200-2,300 crore," said Duggal.
He also expects return on equity (RoE) to be in double-digit very soon.
Watch accompanying video for more details.
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