After bagging various digital transformation contracts from different industries like telecom, shipping and power, Rolta India is now expecting a net profit of Rs 350 to Rs 400 in FY19.

Share Market Live

NSE

KK Singh, Chairman and Managing Director of Rolta said that the total orderbook was around Rs 3000 crore.

The breakup of the Rs 365 crore includes Rs 160 crore from power, Rs 25 crore Smart City orders and Rs 80 crore from shipping.

"The debt of around Rs 6000 crore after restructuring various options would come down by around half", said Singh. He also added that it will ensure interest savings of Rs 300 crore.

"In FY19, the company is poised to do Rs 350-400 crore net profit", he said.

Painting an upbeat scenario for FY19, Singh also hinted at likely declaration of dividend.

First Published:Mar 12, 2018 6:37 AM IST