Speaking to CNBC-TV 18, Nalin Gupta, Managing Director of J Kumar Infraprojects says he anticipates the company’s revenues to grow to Rs 1,700 crore this year.
The current order book is worth Rs 4,200 crore for the company, he said. Having quoted competitively, Gupta expects J Kumar to bag two of the seven packages for Mumbai metro (phase-III).
On the company’s capital raising plans, Gupta said those would depend on the size of the projects. “If the orders are large we may go in for a blend of debt and capital market but on the upfront there are no immediate plans with the company to come to the capital market,” he said. The current debt-equity ratio of the company stands at 0.65, Gupta said.
Below is the edited transcript of Nalin Gupta’s interview with Reema Tendulkar & Mangalam Maloo on CNBC-TV18. More info