Q1-FY27 · Management (CEO/CFO)
The guidance initially given was 30 to 40% year-on-year. We believe the order book is shaping up well and there is a potential still in northwards of 60% for the current year now.
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Q1-FY27 · Management
The 63% operating margin is not the guidance. We've always guided between 35 to 40%. But with volumes in terms of dredging, the operating margin numbers are going to expand.
Q1-FY27 · Management
We presently have a bid pipeline of 1,200 crores in the dredging business. These bids have already been made and are at various stages of evaluation. In the upcoming 30 to 45 days, the results for these bids start showing up and will add to the current turnover.