Fourth quarter results have been hit by delays on Kishanganga Project, says Ajit Gulabchand, chairman and MD of Hindustan Construction Company (HCC).
Praveen Sood, Group CFO, Hindustan Construction Company (HCC), says that the company has put special thrust on managing the working capital and this quarter has been good as far as working capital is concerned, as there is no further pressure on the working capital.
Though plagued by high interest costs and heavy debt in the books, HCC, group CFO, Praveen Sood explains to CNBC-TV18 that the company is taking all efforts to turn positive by the end of the year.
Chairman of the company Ajit Gulabchand tells CNBC-TV18 that he finds the Maharashtra government acting as an agent of the MoEF.
Ajit Gulabchand, chairman and managing director of HCC joins CNBC-TV18 to take us beyond the company's Q2 numbers and highlight the way forward for HCC.
Chairman of HCC Ajit Gulabchand tells CNBC-TV18 in an exclusive interview that the Lavasa project is an infrastructure project which the Maharashtra government itself wanted.
In an interview with CNBC-TV18, Praveen Sood, CFO, HCC says, the company might miss FY11 order book guidance.
Praveen Sood, CFO, HCC told CNBC-TV18 that there was a need to hike turnover majorly to tackle rising interest costs.