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Man Industries (India) reported a steady quarter. In an interview to CNBC-TV18, RC Mansukhani, Chairman of the company spoke about the results and his outlook going ahead.
"We cannot guess and judge the business from quarter-on-quarter (Q-o-Q) basis. So the yearly guidance of the company remains Rs 1,500 crore like last year", RC Mansukhani, Chairman of Man Industries told CNBC-TV18.
RC Mansukhani, Chairman of Man Industries — a pipes company — told CNBC-TV18 that the company has an order book close to Rs 1,400 crore and expects to bag an order from GAIL on Tuesday.
In an interview with CNBC-TV18, RC Mansukhani, Chairman of Man Industries said that the growth momentum will continue in the coming quarters as the company‘s orderbook stands at Rs 1000 crore.
RC Mansukhani, Chairman of Man Industries expects 20-25 percent topline and 40-50 percent bottomline growth in FY16.
In an interview to CNBC-TV18, RC Mansukhani, Chairman of Man Industries, said he expects a good year ahead with a 35 percent topline growth and a strong bottomline.
RC Mansukhani, group chairman of Man Industries tells CNBC-TV18 that the profitability for Q4 fell by almost Rs 12 crore due to the provisioning of about Rs 30 crore in Q4 for the court cases etc.
Man Industries was out with its Q3 results. Its Q3 FY11 standalone total income was up 0.13% at Rs.439.86 crore versus Rs 439.31 crore, YoY. Its PAT was down 17% at Rs 26 crore versus Rs 31 crore, YoY.