Profit

Revenue recognition to pick up: Nitesh Estates

PUBLISHED ON: August 6, 2013 | Duration: 10 min, 46 sec

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Ashwini Kumar, chief operating officer of Nitesh Estates, says the company expects at least its two projects to reach the revenue recognition threshold and would continue to boost its earnings going ahead. Mr Kumar also says that realisation trend has been improving in the recent quarters.
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