Girish Bhat

The reinstallments of the debt payment will start from April 15, 2015, and the interest rate for all funds has been reduced to an extent of almost 1 percentage point. The overall CDR package will be spread over 10 years.

Gammon India degrows 5%, full year performance on target

Full year estimates stand good because the company aims to grow by around 5 percent on the back of Q3 and Q4. In the first quarter, Gammon India has degrown by around 5 percent

Gammon India to monetise Mumbai property to cut debt

Gammon India's current debt stands at around Rs 3,500 crore and aims to cut it by Rs 2,000 crore by asset sale.

Gammon India expects CDR nod soon; interest burden to ease

Girish Bhat, CFO, Gammon India expects the company's corporate debt restructuring (CDR) to be approved shortly, which includes a two-year moratorium plus eight years of repayment schedule.

With debt rejig on cards, Gammon looks to improve liquidity

Gammon India is likely to begin talks to restructure its debt through the corporate debt restructuring process, said the company in a statement on Wednesday evening.

Gammon India looking to liquidate real estate assets: CFO

Gammon India is looking to cut debt by around 22 percent Rs 2,500 crore by next year. The construction major which has lined up civil works, roads, bridges and thermal power projects across states has been facing liquidity issues since past two financial quarters.

Current order book is at Rs 15000cr: Gammon India

In an interview to CNBC-TV18, Girish Bhat, chief financial officer of Gammon India says, the company‘s order book has been quite strong. “It is around Rs 15,000 crore,” he adds.

Gammon India sees 20% revenue growth in FY13

Gammon India has reported a better than expected growth in its profit after tax of Rs 57 crore, at 5.56% (YoY) for the fourth quarter of FY12. The company‘s EBITDA margin has also been quite good at 8.6%.