Texmaco Limited, the railway wagon and engineering company, will shift focus to Engineering, Procurement, and Construction (EPC) from sale of wagons, says Executive Director AK Vijay.
In an interview to CNBC-TV18, AK Vijay, ED of Texmaco Rail spoke about the results and his outlook for the company.
Talking to CNBC-TV18, Vijay says that the main focus is on developing railway infrastructure. Engineering, procurement, construction (EPC) projects will be the most profitable in future, he adds.
With the recent fillip in the defence sector, Vijay says the company has also received one of biggest wagon orders from defence sector, bagging an order worth Rs 387 crore for 974 wagons from the Ministry of Defence (India).
AP Verma, director finance, Kalindee Rail Nirman says, in an interview to CNBC-TV18, that he expects the LoI on railways order soon and adds that the company may raise funds via the PE route
Reacting to the Railway Budget 2013, AP Verma, Director- Finance, Kalindee Rail said, the railway minister should have given importance to freight corridors.
In an interview to CNBC-TV18 AP Verma, director of finance, Kalindee Rail Nirman said, we expect the government to announce Delhi-Lucknow-Patna, Delhi-Jaipur-Jodhpur or Pune-Mumbai-Ahmadabad, Chennai-Bangalore corridors this year.
AP Verma, director of finance of Kalindee Rail Nirman (Engineers) Ltd spoke to CNBC-TV18 about his hopes from the Railway Budget apart from divulging details of the new deals worth nearly Rs 100 crore the company has bagged.
Director of Kalindee Rail Nirman, Arvind Gemini, says that he hopes to bag orders worth Rs 300-500 crore of orders from Rail Vikas Nigam Limited (RVNL) by March-June next year.
Kalindee Rail Nirman slumped close to 12% on debt concerns. The debt on the company's book is at Rs 75 crore. AP Verma, director of finance at Kalindee Rail Nirman spoke about the latest happenings in the company and gave a perspective on the business going ahead.
Kalindee Rail Nirman's general manager of finance, AP Verma told CNBC-TV18 that the company is expecting a growth of around 30-40% for this fiscal year. He also said that they had submitted their bids for the railway siding works and Rail Vikas Nigam (RVNL) worth Rs 1000 crore and Rs 700-800 crore respectively.
AP Verma, Director of Finance from Kalindee Rail Nirman, in an interview with CNBC-TV18's Sonia Shenoy and Reema Tendulkar, said that the company expects 40% growth compared to the last year.
In an interview with CNBC-TV18, P.Verma, Director of Finance, Kalindee Rail Nirman, speaks about his expectation from the upcoming railway budget.