Infrastructure engineering company MBL Infrastructures posted weak results for third quarter ending December with revenues declining three percent on a nine month basis.
Project bagged expected to increase margin at standalone level, says AK Lakhotia, Chairman and MD of MBL Infrastructures.
In an interview to CNBC-TV18, AK Lakhotia, CMD of MBL Infrastructures spoke about the results and his outlook for the company.
The first order for rehabilitation and upgradation of Goharganj to Bhopal Section is worth Rs 583.5 crore while the order for maintenance of Guwahati pass is worth Rs 25.6 crore.
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.
CEO AK Lakhotia said recent five orders wins include two strategic orders from government of West Bengal and three repeat orders from its existing clients.
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.