Highlights:
* Total sales for the quarter ended December 2007 stood at Rs. 243.36 Crores registering a growth of 49% over corresponding quarter of the previous year.
* Total sales for the nine months ended December 2007 stood at Rs. 602.05 Crores registering a growth of 49% over corresponding period of the previous year.
* EBITDA for the quarter ended December 2007 stood at Rs. 32.79 Crores registering a growth of 48% over corresponding quarter of the previous year.
* EBITDA for the nine months ended December 2007 stood at Rs. 80.56 Crores registering a growth of 47% over corresponding period of the previous year.
* PBT for the quarter ended December 2007 stood at Rs. 23.58 Crores registering a growth of 46% over corresponding quarter of the previous year.
* PBT for the nine months ended December 2007 stood at Rs. 55.05 Crores registering a growth of 40% over corresponding period of the previous year.
* PAT for the quarter ended December 2007 stood at Rs.15.11 Crores registering a growth of 53% over corresponding quarter of the previous year.
* PAT for the nine months ended December 2007 stood at Rs. 35.66 Crores registering a growth of 37% over corresponding period of the previous year.
* Unexecuted order book position as on 1st January 2008 is Rs. 1232.72 Crores as compared to Rs. 949.74 Crores as on 1st January 2007.
* During the quarter ended December 2007 the High Court of Bombay has sanctioned the Scheme of Amalgamation of Urja Engineers Limited and India Energy Investments Private Limited with the Company vide its Order dated 26th October 2007. Accordingly, the Company has allotted 12,20,000 Equity Shares in the Board Meeting held on 17th January 2008.
* With the amalgamation of Urja Engineers Limited, the Company is pre-qualified for installing transmission line of upto 400kV.
* During the quarter the Company had allotted 33,350 Equity Shares of the Company under ESOS 2006 and also allotted 4,650 Equity Shares under ESOS 2006 in today’s Board Meeting.
* The Board has also approved sub-division of the Equity Shares of the Company having face value of Rs. 10/- each to face value of Rs. 2/- each and therefore called an Extra-Ordinary General Meeting of the Members of the Company on 25th February 2008.

Commenting on the Company’s performance Mr. Rajesh Jain, Chairman and Managing Director, EMCO Limited said “The Company is set to have a topline growth of 50% for the next year as the Order book would substantially improve in the next two months as the Company is well placed in number of tenders.”

Sourced From: Hanmer & Partners Communications Pvt. Ltd

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