Hopeful of achieving close to 15% EBITDA margin in next 2-3 quarters: Dollar Ind

Dollar Industries is in focus on back of a steady quarter led by improvement in margins. However, slow revenue growth remains an issue. In an interview with CNBC-TV18, Vinod Kumar Gupta, MD of the company discussed the fineprint.

EBITDA margins are improving and are going to improve further in the coming times, he said.

We are hopeful that we will be able to catch up to an EBITDA margin of close to 15 percent in next two-three quarters, he added.

Speaking on goods and services tax (GST) impact, he said that everybody is now GST compliant, things have already started improving and that is why we have targeted a turnover of Rs 580 crore in second half of the current fiscal.