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Looking to add capacities for off-highway vehicles: GNA Axles

GNA Axles is the stock in our focus after reporting a strong set of Q3 numbers. In an interview to CNBC-TV18, Ranbir Singh, President & CEO of GNA Axles discussed more on the company's Q3 performance.

January 22, 2018 / 12:36 IST

GNA Axles is the stock in our focus after reporting a strong set of Q3 numbers. In an interview to CNBC-TV18, Ranbir Singh, President & CEO of GNA Axles discussed more on the company's Q3 performance.

We will look to post revenue of Rs 600 crore in FY18, said Singh.

He further said that the overall market conditions have been positive.

Talking about target, he said we are targeting growth of 15 percent in FY19.

On margin front, he said we expect margin to stay between 15 percent and 16 percent.

We are looking to add capacities for off-highway vehicles, Singh said.

Watch accompanying video for more details.

CNBC-TV18
first published: Jan 22, 2018 12:36 pm

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