HomeNewsBusinessEarningsExpect margin to hit 7.5-8% by end of FY17: Action Construction

Expect margin to hit 7.5-8% by end of FY17: Action Construction

Speaking to CNBC-TV18, Sorab Agarwal, ED of Action Construction Equipment said that he expect to maintain the current momentum in earnings.

August 10, 2016 / 12:50 IST
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Speaking to CNBC-TV18, Sorab Agarwal, ED of Action Construction Equipment said that he expect to maintain the current momentum in earnings.

He further added that consolidated business revenue should grow by 15-20 percent and crane business should grow at 25-30 percent in FY17.

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Agarwal expects margin to hit 7.5-8 percent by the end of FY17. He also expects an increase in agri business revenue going forward.

For entire interview, watch accompanying video.

first published: Aug 10, 2016 12:38 pm

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