Eye Rs 800 cr order book, 10% margins in FY17: Transformers

Transformers & Rectifiers reported strong first quarter numbers with topline improving to Rs 160 crore as against Rs 63 crore year-on-year. Earnings before interest, tax, depreciation & amortization (EBITDA) came in at Rs 8 crore, compared to a EBITDA loss of Rs 12 crore in the previous year.Speaking to CNBC-TV18, Jitendra Mamtora of the company said that the company’s order book stands at Rs 868 crore as of June 30.Mamtora expects to close FY17 with Rs 800 crore plus orderbook and EBITDA margin at around 10 percent.Watch video for more..