Demerged entity will be listed by next July: Nila InfrastructuresDecember 28, 2017
Nila Infrastructures posted a good set of Q2 numbers. In an interview to CNBC-TV18, Deep Vadodaria, COO of the company spoke about the results and outlook for the future.
We have been able to deliver good numbers in Q2 and blended margin has increased because of more revenue coming in from public-private-partnership (PPP) format of projects, said Vadodaria.
He further said that 51 percent of company’s orderbook comprises of affordable housing projects.
Most of the orders come from Rajasthan and Gujarat, he added.
He believes that government’s agenda of focusing towards affordable housing projects will stay irrespective of whoever remains in power because it is not negotiable.
Talking about demerger, he said the demerged entity will be listed by next July.
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