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Trying hard to retain margins: Thermax

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Reuter Mumbai

Capital goods maker Thermax Managing Director M.S. Unnikrishnan said on Wednesday the company's margins won't improve in FY2012 but would try to retain them.

Its order book will grow but won't "gallop upwards," as FY2012 is not an "easy going" year for the company and for the sector, Unnikrishnan told Reuters over the telephone.

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First Published: May 04 2011 | 11:47 AM IST

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