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Uptick in order inflow and positive momentum to continue in FY19, says Action Construction Equipment

Updated : May 22, 2018 01:41:57 IST

We are seeing uptick in order inflow and positive momentum to continue in FY19, Sorab Agarwal, Executive Director, Action Construction Equipment (ACE).

Talking about topline, he said, “Doing 30-35%  should be easy for this year and the next year.”

There is an increase of around 50% year-on-year basis with respect to the fresh orders or order booking that we have, he said on orderbook.

"We have been able to pass on the increased commodity prices and expect margin to be stable in the coming year, " added Agarwal.

 
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