Thermax Limited CC-Sep23.pdf
16 Nov 2023
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So, this year -- so we were targeting to reduce the debt by INR150 crores. So, in first half, it reduced by INR34 crores. So, are we on track to reduce the overall debt by INR150 crores in respective, let's say, international business sale or not sale?
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So, this year, sir, almost try to reduce by INR150 crores?
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Okay. And sir, in your opening remark, you talked about the value -added product contribution will go from 25% to 35% over the next three years. So, presuming after three years, let's say, value-added contribution grow up to 35% and that at that point of ti me, what the EBITDA margin look like?
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