BGR Energy announces Q4 and FY 2011-12 results
BGR Energy Systems announced its financial results for the fourth quarter and 2011-12. The company’s standalone revenue stood at Rs 3,452 crore for the 12 months ended 31 March 2012 with net profit at Rs 224 crore. The company achieved higher EBIDTA margin for the current year at 13.73 per cent. Earnings per share was Rs 30.98 and the board recommended dividends at Rs 7 per share of Rs 10 each. The power projects division (PPD) contributed Rs 3,043 crore to the revenue.
BG Raghupathy, CMD, BGR Energy Systems, said, “FY 2011-12 has been a hallmark year for BGR Energy winning large orders for supply of boilers, turbines and generators to NTPC. The overall value of orders won last year is in excess of Rs 10,675 crore. The outlook for the long term remains encouraging and positive for the company. We are in the right direction and geared for greater growth in the years to come.”
BGR Energy is a leading company in turnkey engineering and contracting for balance of plant (BOP) and full service engineering, procurement and construction (EPC) for power projects in India and LSTK contracts for oil and gas projects in India and abroad.