Breaking Premium News - Moser Baer - Margins Improve

Digital disc maker Moser Baer India Ltd. expects core earnings to move towards the 35-45 percent range by the fourth quarter of the year to March 2007, as prices improve and input costs fall, a top official said.

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at 26.5 percent in the July-September quarter, showing a rise of 7 percentage points from the preceding quarter, Executive Director Ratul Puri told Reuters on Thursday.

"We will continue to see firm pricing environment, continue to see stable or weak polycarbornate (raw material) prices and see improvement in overall efficiency," Puri said.