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  Operation Performance
  • The Gross Sales for the year ending 31st March 2007 stood at Rs. 14480.46 lacs as compared to Rs. 13274.26 lacs in the immediately preceding year thus witnessing a phenomenal growth of 9 %.

  • Other income : However, there has been an increase of 262 % during the year ended 31st March, 2007 as compared to fiscal year 2005-2006, due to increase in the earnings by way of interest & dividend.

  • Expenditure : Administrative expenses have registered an increase from 2.82 % of sales from last financial year to 3.58 % in the current fiscal year. This increase has taken place due to increase in employment.

  • Profitability : The Profit Before Tax (PBT) has increased to 8.11 % of Gross Revenue from 6.18 % and Profit After Tax (PAT) has increased to 5.32 % of Gross Revenue from 4.19 % as compared to preceding fiscal year. Growth in the margins is mainly due to improvement in efficiency of working and economics of scale like more work via more packages at one single site and availability of owned cranes for better progress.

  • Human Resources : In the Financial Year 2006-07 the company witnessed a significant growth in its human resources by a rise in the number of employees to 1000 as compared to 750 employees in 2005-06 which is about 25 % growth in employee based as against nearly 100 % growth in the top line, moreover the absolute low manpower turnover reflect the quality of the company's human resources.
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