Bharat Heavy Electricals Limited (BHEL), Ramachandrapuram (RC Puram), registered a 38 per cent jump in gross profit to Rs 1,838 crore for the year ending March, 2012, as compared with Rs 1,332 crore in the previous financial year even as revenues saw a modest growth during the period.
The unit’s annual turnover grew to Rs 7,072 crore in 2011-12 from Rs 6,653 crore in the previous year. The management termed the results as a year of consolidation following high growth registered in the first four years of the company’s five-year strategic plan.
The unit has formulated ‘Division Plan 2017’, covering strategies and action plans for the period 2012-17, under which it aims to double its turnover by 2016-17. The plan includes expansion of product offerings in the power sector apart from identifying new business areas including pipeline compressors (gas transportation), and concentrated solar thermal power, according to a company release.
ref:
http://www.business-standard.com/india/news/bhel-rc-puram-turnover-at-rs-7072-cr/470242/
Friday, April 6, 2012
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