Profit

Expect Margins to Expand By 150-250 bps: Steel Strips Wheels

PUBLISHED ON: April 15, 2015 | Duration: 6 min, 34 sec

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Mohan Joshi, corporate advisor strategic investment at Steel Strips Wheels, talks to NDTV about the long-term agreement signed with Escorts for supplying tractor wheel rims. He says Escorts will contribute 11-12 per cent to the company's topline. He also expects the margins to expand by 150-250 bps by FY16.
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