Speaking to CNBC-TV18 Nitin Patel of Sadbhav Engineering said that growth in tolling revenue and traffic are key triggers for the company. The company has completed refinancing 5 special purporse vehicles (SPVs) and margins are expected to go up, he said. "Next quarter we want to complete refinancing 3 SPVs." He believes there will be a reduction of Rs 70-80 crore in cost of funds for FY17. Three months after the monsoon is very crucial for the company, he said.
Friday 8 July 2016
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» Sadbhav Engg sees cost of funds going down by Rs 70 cr in FY17 -:- Equity Research
Sadbhav Engg sees cost of funds going down by Rs 70 cr in FY17 -:- Equity Research
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