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Bharat Dynamics to manage current margin at 12-13%

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State-owned defence equipment maker, Bharat Dynamics Ltd (BDL), on Friday said it will continue to manage current margin at 12-13 percent.

State-owned defence equipment maker, Bharat Dynamics Ltd (BDL), on Friday said it will continue to manage current margin at 12-13 percent.
In an interview to CNBC-TV18, V Udaya Bhaskar, chairman and managing director, said, "BDL has been continuously following the government guidelines as primarily our order book is the nominated orders. We supply to the government of India and all the three services."
According to Bhaskar, BDL's emphasis is on manufactured products and  better efficiency.
Speaking about margin, Bhaskar said, "Currently, we are operating at the range of 13-15 percent. I think we will continue to do so. We have a good scope in our plant to increase our efficiency. That is how, we are confident of maintaining around that.”