Infrastructure engineering company MBL Infrastructures posted weak results for third quarter ending December with revenues declining three percent on a nine month basis.
In an interview to CNBC-TV18, AK Lakhotia, CMD of MBL Infrastructures spoke about the results and his outlook for the company.
MBL Infrastructures bagged orders worth Rs 3,190 crore in Q4 FY16, and AK Lakhotia, Chairman and CEO of the company expects the profitability of these orders to be recognised in FY17.
In an interview with CNBC-TV18, AK Lakhotia, Chairman & CEO, MBL Infrastructure said that the company is expecting its order book to go upto Rs 3500 crore in the current year.
AK Lakhotia, CEO, MBL Infrastructures, in an interview on CNBC-TV18, spoke about their third quarter results and gave his analysis of the company’s performance.