The electronics division of Bharat Heavy Electricals Ltd in Bangalore posted 20 per cent higher pre-tax profit over last year, at Rs 648 crore for the year ended March 31, 2010.
The turnover of Rs 2,405 crore was 13 per cent higher year-on-year, the division's Executive Director, Mr G. Ganapathiraman, said at a news conference on Saturday. Sales turnover had doubled in five years, he said.
The division is increasing its capacity to 20,000 MW by 2012 and will invest around Rs 150 crore at its facilities during 2009-11.
It had hired around 500 people between last year and the current fiscal.
The division, which includes electronics, industrial systems and ceramics businesses, received fresh orders worth Rs 3,239 crore during the year, taking the total orders to Rs 6,384 crore at the start of the new fiscal.
more at:
http://www.thehindubusinessline.com/2010/04/04/stories/2010040452320200.htm
Saturday, April 3, 2010
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