Talbros Automotive Components Limited Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended March 31, 2016; Provides Earnings Guidance for Fiscal 2017
For the year, the company reported EBITDA was INR 442.0 million against INR 497.0 million a year ago. Core EBIDTA was INR 383.0 million against INR 401.0 million a year ago. Core Revenue was INR 3,920 million against INR 3,890 million a year ago. Total income of was 3,980 million.
For fiscal 2017, the company expected total income growth of 10% to 12% and EBIDTA margins to be 11.75% to 12.25%.