Manish Jen
Executive Director
Notable Quotes
We do believe that we're a franchise that indeed should be delivering growth in line with industry, if not targeting more.
We have not reduced our profit margins at all or rather I can say because of our guidance for a good profitability the competition is slightly higher. So we could not win the bids at that point of time and because of this our revenue guidance may go a bit lower for the current financial year.
I'm not in a position or I never want to declare the L1 status rather I am more comfortable putting it in the our bidding pipeline itself till it gets transpired into LOA.
If I say let us divide it into two parts. One is a renewable component which is 200 cr and which is moving smoothly one way and the second part is 450 cr. So last year we have done 400 cr. So against 400 I am giving a guidance of 450 K. So that looks quite achievable in itself as well.