Speaking on the margin from the project, he saw it to be in-line with its traditional 6.5 percent margin.
Also read: Govt announces another mega industrial corridor
Below is the edited transcript of his interview to CNBC-TV18.
Q: We understand that you have secured an order from the Delhi Metro Rail Corporation (DMRC) for construction of some elevated viaducts.
A: This is a Kochi Metro Rail package but the consultants are the DMRC. We have received the KC-5 metro line package. This is in a joint venture (JV) with Ranken , a Chinese (railway construction) company.
The construction is of elevated viaduct which includes five elevated stations. Some of the stations are there in that Alwaye-Petta Line.
Q: The whole order is Rs 383 crore. But, what do you make in terms of net?
A: While bidding you definitely keep certain margins (aside). While doing the job, certain things are there (kept in mind).
Q: Your traditional margin has been about 6.5 percent. Is that what we should expect in this one?
A: Yes. Such margins are definitely targeted and we will move in that direction. In our past contracts, we have kept our bottom-line intact.
Q: For your company size, this is still relatively smaller order. The concern has been on your stagnant order book. In FY14, will it go past Rs 10,000 crore mark significantly?
A: As far as our order book is concerned we are already having almost around Rs 10,000 crore of work in hand.
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