ETMarkets Management Talk| MAN Industries eyes bigger Saudi footprint; region could contribute 35–40% of revenue in 3 years: Nikhil Mansukhani
· economictimes.indiatimes.com
MAN Industries expects Saudi Arabia to become a major growth driver, contributing 35–40% of revenue within three years. The company is targeting FY27 revenue of ₹5,000 crore, backed by Saudi expansion, Dammam facility and Jammus seamless pipe plant.
Q) This was a very strong quarter, with consolidated EBITDA rising 92.6% YoY and margins expanding to 14.6%. How sustainable are these margins, and what should ...