As filed · KNR Constructions Limited has informed the Exchange regarding 'Investment in wholly owned subsidiary'.
Investment in wholly owned subsidiary'. invested an amount of Rs. 44.65 crores in KNR Sriranganatha Infra Private Limited, a wholly owned.
An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
Prior statements by this company that CapitSignal has recorded changing.
This year, we are targeting somewhere around, you can say, INR2,200 crores to INR2,300 crores of revenue with EBITDA of around 8% to 9% this year.
Next year should be the good year. We are thinking they try to cross INR3,000 crores plus with EBITDA of around 11% to 12%.
Next year should be the good year. We are thinking they try to cross INR3,000 crores plus with EBITDA of around 11% to 12%.
This year, from irrigation, we do somewhere around INR200 crores only.
So this year, definitely, we are targeting to do somewhere around INR300 crores to INR400 crores in this year and balance in the next year.
This year, we are targeting somewhere around, you can say, INR2,200 crores to INR2,300 crores of revenue with EBITDA of around 8% to 9% this year.
