Transformers and Rectifiers (India) aims to cross Rs 700 crore revenue mark in FY14.
Jitendra Mamtora, CMD, Transformers and Rectifiers India, says in an interview to CNBC-TV18, says that distribution companies continue to pose problems for the company. Mamtora adds that the company plans to post a revenue of over-Rs 700 crore and EBITDA margins of close to 8 percent for FY14.
Jitendra Mamtora, chairman and managing director, Transformers & Rectifiers (India) Ltd, spoke to CNBC-TV18 about the company‘s results for the year and the fourth quarter. The company recorded losses on lower margins for the fourth quarter due to rise in raw material costs and high kV orders.
Jitendra Mamtora, CMD, Transformers & Rectifiers said 2013 is going to be a golden period for the industry.
In an interview with CNBC-TV18, Jitendra Mamtora, CMD of (India) Ltd, spoke about the company’s results and the road ahead.