The company‘s net debt currently stands at Rs 1700 crore which it aims to pare by Rs 200-300 crore by CY15-end by monetizing non-core assets, says Yogen Lal, chief executive officer, Pratibha Industries.
In an interview to CNBC-TV18's Sumaira Abidi and Ekta Batra, Yogen Lal, CEO, Pratibha Industries spoke about the company‘s Q1 performance and the road ahead.
Pratibha Industries' current order book is sufficient to sustain at least 15 percent growth going ahead, says CEO Yogen Lal.
In an interview to CNBC-TV18, Yogen Lal, CEO, Pratibha Industries talks about the latest happenings in his company and sector. He also outlines the company's future growth prospects for the fiscal year.
Yogen Lal, chief executive officer, PIL believes that this is the right time to probably exit the business because he finds the market very competitive for saw pipe business.
In an exclusive interview with CNBC-TV18, chief executive officer of Pratibha Industries, Yogen Lal, says that he is confident of achieving 20-25% growth in topline this fiscal year.
Pratibha Industries, along with its joint venture partner Mosinzhstroi Open Joint Stock Company, has bagged two orders worth Rs 1,249 crore for Delhi Jal Board projects. Pratibha Industries' shares were up over 3.5% at Rs 57 on NSE in afternoon trade.
In an interview with CNBC-TV18, Yogen Lal, CEO, Pratibha Industries said, "With the addition of this order, our current order book stands at Rs 4,335 crore. This is a three year project. We expect to execute roughly 20% in the first year or so."
In an interview with CNBC-TV18, Ajit Kulkarni, MD, Pratibha Industries, speaks about the results and gives his outlook going forward.
In an interview with CNBC-TV18, Rohit Katyal, COO, Pratibha Industries, spoke about the latest happenings in his company and sector.