Apple Inc's plans to open single-brand stores in India may be facing a roadblock currently, but being the largest distributer of Apple products, Krishnan says Redington is still at an advantage as Apple plans to increase market share in the country.
In an interview to CNBC-TV18, SV Krishnan, CFO of Redington India says that he expects better performance in the second quarter going forward.
In an interview to CNBC-TV18, SV Krishnan, the CFO of Redington India says it’s been a good set of numbers led by strong overseas performance that the company has managed to maintain this quarter.
Redington India has declared its second quarter results. In an interview to CNBC-TV18, SV Krishnan, chief financial officer of Redington India says, he expects good growth in FY12. He says, the company expects to maintain 24% profit after tax (PAT) growth going forward.
In an interview with CNBC-TV18, SV Krishnan, CFO, Redington India said the company is doing very well. “We closed the last financial year with very good growth in terms of revenue as well as in terms of earnings. The outlook also looks positive,” he added.
In an interview with CNBC-TV18, SV Krishnan, CFO, Redington India says, the outlook for the current year looks interesting. He further says, the company would either be able to maintain, or if possible even outdo the current margins.