Maharashtra Seamless posted its Q4 FY17 numbers.
In an interview to CNBC-TV18, Saket Jindal, MD, Maharashtra Seamless spoke about the results and his outlook for the company.
“There should be further revenue growth of 25-30 percent”, he said.
The company exports around 30 percent of its production of which around 50 percent goes to US and remaining to Canada, Latin America and to Europe.
Speaking about capacity utilisation, he said, “We are operating at 80-90 percent of utilisation levels”.
The overall order book that the company currently has is around Rs 900 crore.
“We are bidding for ONGC requirements which is approximately around Rs 300 crore”, he added.
For full interview, watch video...
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