Rico Auto Industries Limited

R. K. Miglani

l;.,cc11iivc llircctrn: �,1,. IC1u,li:dcncl1·:1 Verina - i· •.ccutivc Dirccto1·, iVir. I}. M . .lharnh-Cornponv

12%

ruli Suzuki. I i'you sec in this quarter, we have increased our share of business li-ti1n 8'½, lo 12%. \Ve are basically a single source lo them for one of!hcir products, which is 'Water pump' and 'O

11%

way, if you see prniilahility is on 1r:1cl:, in fact i,1 ,landalone w,: h:,,,e ,dread,\· crnc:scd 11% il,is quarter, So, on a con�ole basis, l l 1% margin other i,1come for FY2cf is on trnck? I,

1%

fact i,1 ,landalone w,: h:,,,e ,dread,\· crnc:scd 11% il,is quarter, So, on a con�ole basis, l l 1% margin other i,1come for FY2cf is on trnck? I, I his have been I i increasu1 whatever f

2.30 lakh

e for 1l1t: i111m,.:,k11c 1Uj:.Ii1crncnt have started giving dir,·LI ,,,·dcT•: c./ I 30 111'.:cs or 2.30 lakh fuses these :11,· ihc urd,:1:; ih:11 Ibey i1n1nedi:_1lt' given lo those cmTcni I" 1,1,lc i"·ec1

Rs. 1,000

cli;li:nsc, since I :H11 on the defence at the mo111c1,I. 1vc 11rc biclcli11g lc,r orders or about Rs. 1,000 crnrcs :ii ri1c 11H11m:11t and it is for various items \ 111,: i:; ,he .,hooting ranges l had mentio

“tl1crc is no such plan to go for any new Greenfield project.”

Arvind Kapur

1

Arvind Kapur

011 the clcclron1c fi.1scs and on the ruses in gcn,:ral cil:;o ihc lotal order got cancelled and the govenrn1cnt h:1s :<hcltered absolutely because there was ;1 lot of fav01ing things that may be protested again:;r that and now what has hap1w1H:cl is that the c;ovcrnrnent obviously needs the ammunition in a11y case. So, they have given ii lo the current suppliers of the ammunition and we have become rnh-\'enrlors to them. that is what we had mentioned in one of the meetings whoever gets the or,kr 1·-:ill lrnve to h11y 11 from us in any case. so th:11 trndcr got Gn1cclcd. but the government for l"1ru,1,·nl lhe defence people for 1l1t: i111m,.:,k11c 1Uj:.Ii1crncnt have started giving dir,·LI ,,,·dcT•: c./ I 30 111'.:cs or 2.30 lakh fuses these :11,· ihc urd,:1:; ih:11 Ibey i1n1nedi:_1lt' given lo those cmTcni I" 1,1,lc i"·ec1usc il:,:v come out with the ncxi sci1cm, .. \\'hen the ilcici1oe people come up will, 1!1c :1c .. ,i schun,c, ,, is vcrv difficult to undcrstanu the L111ii11g, but