Sunil Hitech PAT jumps 231%, Net sales up 121%
Sunil Hitech Engineers Ltd, one of the fastest growing companies in the power sector, has surpassed its performance with a bigger leap this year.
The company’s Total Income in Q3 FY08 has jumped 121% to Rs. 79.10 crore against Rs. 35.85 crore for the same period last year. The PAT of the company has swelled 231 % to Rs. 5.04 crore.
The Net Sales for the nine months ended December 2008 is up 97 % to Rs. 193.94 crore. The Profit After Tax jumped 207 % to Rs. 14.01 Crore as against last years Rs. 4.56 crore.
The unexecuted order book position as on 31st December 2007 stands at Rs. 747 crore to be executed over a period of 2-3 years. The EPS of the company is Rs. 5.32.
The company is widening its service offering from being a fabricator and erector of power plants to also laying down of transmission substations and distribution lines. The company, in the current year is also exploring tie-ups with various foreign companies to manufacture, erect and commission its own boilers in the sub 50 MW range.
Sourced From: Concept Public Relations India Pvt. Ltd
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