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BS TransComm FY12 net profit up 14%

India Infoline News Service/ 13:59 , May 31, 2012

The company recorded consolidated revenues of Rs 12.79bn for the year ended March 31st, 2012, an increase of 47% from Rs 8.71bn in the year ended March 31st 2011.

BS TransComm Ltd, a leading infrastructure provider for Power Transmission & Distribution Sector, announced its audited financial results for the year ended March 31st, 2012.

The company recorded consolidated revenues of Rs 12.79bn for the year ended March 31st, 2012, an increase of 47% from Rs 8.71bn in the year ended March 31st 2011. EBIDTA stood at Rs  1.52bn. Net profit was Rs 58.42 cr, an increase of 14.6% from Rs 50.96  cr in year ended March 31st 2011.

Orders
The Company has orders worth Rs 809 crores under execution and has bid for orders worth Rs 14.24bn as on March 31st 2012.

Rajesh Agarwal, Chairman & Managing Director, BS TransComm Ltd., commenting on the performance said, “The revenue growth percentage is a clear indicator that we are a young and a fast growing company. We have seen increased pressure on our profits due to high raw material costs and interest cost. However, we have a healthy and a futuristic outlook and order inflow for the current financial year”

 



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