Moneycontrol
Last Updated : Feb 19, 2018 01:43 PM IST | Source: CNBC-TV18

On track to achieve 15% revenue guidance in FY18: Kalpataru Power

Kalpataru Power Transmission has been buzzing off late. The company has already exceeded their order inflow guidance for FY18. In an interview to CNBC-TV18, Manish Mohnot, MD of the company spoke about the results and his outlook for the company.

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Kalpataru Power Transmission has been buzzing off late. The company has already exceeded their order inflow guidance for FY18. In an interview to CNBC-TV18, Manish Mohnot, MD of the company spoke about the results and his outlook for the company.

Mohnot said that our current order book is in the range of Rs 12,000 crore plus and out of this around 45 percent of orders are from international geographies.

He further said that we expect faster growth from railways, oil and gas pipelines.

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Talking about growth, he said Transmission and Distribution (T&D) is growing at 10-15 percent and railways, oil and gas pipeline segments delivering 35-40 percent.

We are on track to achieve 15 percent revenue guidance in FY18, he added.

On business front, he said construction on Kohima project should start from next quarter.

He further mentioned that we are not planning an initial public offering (IPO) of Shubham Logistics in near future.

Watch accompanying video for more details…
First Published on Feb 19, 2018 01:30 pm
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