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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.
KR Choksey has come with its September quarterly earning estimates for power and capital goods sector. According to research firm, the sales growth is expected on back of carry forward orders.
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.
KRChoksey has come with its December quarterly earning estimates for power & capital goods sector.
In an interview with CNBC-TV18, Jitendra Mamtora, CMD of (India) Ltd, spoke about the company’s results and the road ahead.
Emkay Global Financial Services has come out with its earning estimates on Engineering & Capital Goods sector for the quarter ended March 2011. According to the research firm, TRIL March quarter sales are expected to go up by 13.1% at Rs 241.8 crore, year-on-year, (YoY) basis.
KRChoksey has come out with its earning estimates on Power & Capital Goods sector for the quarter ended March 2011. According to the research firm, TRIL March quarter sales are expected to go up by 9% at Rs 237 crore, year-on-year, (YoY) basis.