"Our overall debt has been brought down from a peak of R6,500 crore in August last year (2013) to R4,500 crore in Q1, i.e., from 1.4:1 to 1.2:1. We will further bring it down to 1:1 in the current fiscal," said Gopal Mahadevan, chief financial officer, ALL.
"Though we posted a loss in Q1, our EBITDA margins grew from 3.7% to 4.7% in Q1 as against 1% in the same quarter last fiscal, which is a good sign for us. This could be possible with number of newer products as well increased prices. Interestingly, our net realisation is getting better by 1.5% to 2% as compared to Q1 of last fiscal, he pointed out.