HFCL Limited CC-Mar24.pdf · 2024-05-03
Look, we have executed INR964 crores of services in the current quarter and margins ha ve also been good. These margins, I cannot give yo u a definitive answer that this trend would continue or there will be reduction because it all depends on contract to contract. Sometimes contracts are there, which are of high margin, high profitability. S ometimes they are of lower margin and lower profitability. So there cannot be any definitive answer to this but yes, we look for reasonable margins to continue in our contracts and we are not taking contracts, which are with a lower margin.
No. Execution of that order would be in the current year. That execution has not even started significantly.