'Aiming to make Kirloskar's overseas business debt-free'
‘Our objective is not sales, but cash flow and profit’ The international arm of Kirloskar Brothers Ltd. is planning to streamline operations of the business and aims to be debt-free soon, Alok Kirloskar said in an interview. Edited excerpts: How big is the international business and what is the focus? The international business accounts for a little over 40-45% of KBL’s revenues. Our objective is not sales, but cash flow and profit. In these difficult times, we had focused on realigning the business. We plan to shrink the business and release the cash and enhance profitability. The foc...
Source: thehindu.com