Hardening of borrowing rates to hit KEC profits
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Hardening of borrowing rates to hit KEC profits

25 Apr, 2017, 23:30 IST | Mumbai, India
Hardening of borrowing rates to hit KEC profits

New businesses such as railways water and BoP would add to growth but would eat into margin gains from SAE Towers. Increased interest cost coupled with stable margins means that FY12 profit growth would lag revenue growth. Order inflow and execution is expected to remain stable.