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In an interview to CNBC-TV18, TV Sandeep Reddy, MD of Gayatri Projects spoke about the results and his outlook for the company.
Gayatri Projects in focus as the company has got clearance from the National Company Law Tribunal (NCLT) for restructuring its road assets business. In an interview to CNBC-TV18, TV Sandeep Reddy, MD of Gayatri Projects spoke about the results and his outlook for the company.
Gayatri Projects, the flagship company of the Gayatri Group, reported their quarterly earnings for the quarter ended December 2016.
The company is expecting ramp up in execution in the third quarter. Focus is also on reducing long-term loans, TV Sandeep Reddy, MD of Gayatri Projects said.
Speaking to CNBC-TV18, Sandeep Reddy, MD of Gayatri said that the company‘s current orderbook stands at Rs 10,000 crore. It has Rs 6000 crore worth of road projects and Rs 3000 crore of irrigation projects in hand.
In an interview to CNBC-TV18, Sandeep Reddy, MD of Gayatri Projects spoke about the latest happenings in his company and sector.
Gayatri Projects managing director Sandeep Reddy says, in an interview to CNBC-TV18, that the company will grow 20 percent in FY14 on an order-book worth Rs 8,000-crore. Reddy also hopes the RBI will ease interest rates