High interest rates have hit margins: Gammon Infra

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  • Published On: February 14, 2011
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Talking about the Q3 results, Parag Parikh, CFO of Gammon Infra, said the company’s profit after tax was hit by higher interest rates and depreciation. He said there are over 40 projects at different stages of qualifications and mid-stage and the industry expects these as fresh orders in Q1 of next financial year.

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