Gayatri Projects expects to repay most debt from cash accrual, asset monetisation
  • WebDesk BTVI
  • Jul 16 2019

Sandeep Reddy, MD at Gayatri Projects, says despite current liquidity crisis, the company is in a good position as the current orderbook amounts up to Rs 17,000 crore, which is enough for 3 years. He says while the current order intake is slow, it is expected to pick up in the next few quarters, and adds that new government has nothing to do with slow order intake and liquidity situation. On current debt level, he expects most debt to be repaid from cash accruals, asset monetisation.