BVR Mohan Reddy, CMD, Infotech Enterprises, says that in Q1 our volume growth was 2%, excluding foreign exchange and we may see Q2 growth in the range of 4%. We are expecting 3% growth in engineering, 5% growth in our utilities, telecom and content engineering market. This will give the company an overall average growth of 4%.
BVR Mohan Reddy, chairman and managing director of Infotech Enterprises says, the company will do better than the industry norm. "The industry norm is running at about 10-14%, we will be more than that 14% number," he adds.
Chairman and managing director of Infotech Enterprises BVR Mohan Reddy tells CNBC-TV18 that the company will post revenue growth of 25-26% in rupee terms and operating margins of 17-17.5% for FY12.
Due to a strong pipeline, Infotech’s chairman and managing director, BVR Mohan Reddy tells CNBC-TV18 that they are confident of maintaining margins around 18-20% in the next few quarters.
Chairman and managing director of Infotech Enterprises, BVR Mohan Reddy breaks down his company's second quarter results on CNBC-TV18.
Infotech Enterprises has declared its fourth quarter results. BVR Mohan Reddy, CMD, Infotech Enterprises says, the company is targeting margins of 17%. However, he quickly adds that it will take a couple of quarters before the company gets to those numbers.