financetom
Economy
financetom
/
Economy
/
Margin will be maintained at 12.5% in FY19, says Minda Industries CFO Sudhir Jain
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Margin will be maintained at 12.5% in FY19, says Minda Industries CFO Sudhir Jain
Jun 8, 2018 1:39 AM

"We will maintain same strong pace of growth in FY19 as capacity utilisation is increasing & productivity is improving," said Sudhir Jain, group CFO, Minda Industries.

He said, the company has merged 14 joint venture companies into itself during a long consolidation process, adding, "Margin will be maintained at 12.5% in FY19."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
September Housing Activity 'Unseasonably Resilient' Amid Low Mortgage Rates, Zillow Says
September Housing Activity 'Unseasonably Resilient' Amid Low Mortgage Rates, Zillow Says
Oct 20, 2025
12:45 PM EDT, 10/20/2025 (MT Newswires) -- US housing market activity was unseasonably resilient in September following a lackluster August amid a drop in mortgage rates and a stock market boost, Zillow Group ( ZG ) (Z, ZG) said Monday. New listings decreased 2% on a sequential basis last month after having fallen by 9% on average for the same...
Factbox-Major cases involving Trump before the US Supreme Court
Factbox-Major cases involving Trump before the US Supreme Court
Oct 20, 2025
(Reuters) - The U.S. Supreme Court has dealt with a series of cases involving challenges to the actions of President Donald Trump and his administration since he returned to office in January. These cases have involved the U.S. Federal Reserve, tariffs, immigration policy, domestic troop deployment, birthright citizenship, transgender rights, firings of federal workers and agency officials, dismantling the Education...
Some analysts see imminent Fed halt to balance sheet drawdown on rate turbulence
Some analysts see imminent Fed halt to balance sheet drawdown on rate turbulence
Oct 20, 2025
-Some Wall Street analysts now believe the Federal Reserve will pull the plug on its long-running effort to shrink its balance sheet at the end of the month. These central bank watchers believe the ground has shifted for quantitative tightening, or QT, due to mounting money market friction, which could threaten the Fed's control over the interest rate target it...
Analysis-China's consumer subsidy scheme needs a rethink
Analysis-China's consumer subsidy scheme needs a rethink
Oct 20, 2025
BEIJING/SINGAPORE (Reuters) -Chinese doctor Lisa Zhu took full advantage of consumer goods subsidies this year, buying three air conditioners and a washing machine - the big-ticket spending policymakers want to see from households as they target roughly 5% economic growth. But there is a catch. I no longer need to purchase any home appliances, said the 36-year-old. These should last...
Copyright 2023-2026 - www.financetom.com All Rights Reserved