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Looking at listing our power assets, says Gayatri Projects

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Looking at listing our power assets, says Gayatri Projects

Mar 19, 2018 1:52 AM

Gayatri Projects now seems to be in focus as the company has reduced gross debt by Rs 40 crore in 11 months of FY18.

Sandeep Reddy, MD of the company said that the gross standalone debt was around Rs 2,000 crore.

He further said that the company expected reduction of debt by Rs 60-70 crore by end of March.

Talking about sales, he said, "Our gross sales next year is expected to be more than Rs 4,500 crore".

"We are looking at listing our power assets", he added.

First Published:Mar 19, 2018 9:52 AM IST

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