Rolta India confident of maintaining margins at 35%: CMD

Written By Unknown on Senin, 09 Februari 2015 | 14.02

For the third quarter ended December 2014, the total income for the company was up 9% at Rs 966.8 cr versus Rs 885.3 cr quarter on quarter (Q-o-Q).

KK Singh, CMD of  Rolta India is confident of maintaining margin growth of around 35-36 percent backed by good traction seen in most of its products.

The company is expecting the government to notify Rs 50,000 crore order this month for which they have been one of the stronger bidders along with BEL and are optimistic of winning the order. 

The order is expected in the next 15-20 days.

Singh is also hopeful of other software orders from defence.

For the third quarter ended December 2014, the total income for the company was up 9% at Rs 966.8 cr versus Rs 885.3 cr quarter on quarter (Q-o-Q).  EBIDTA was up  6% at Rs 344.8 cr versus Rs 325.1 cr Q-o-Q. The EBIDTA margin came in at 35.7% verus 36.7% last quarter but net profit was  up 8% at Rs 76.56 cr verus Rs 70.8 cr quarter on quarter.

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