Tags:
Journalism of Courage
Shriram EPC Limited SEPC,one of the leading service providers of integrated design,engineering,procurement,construction and project management services for renewable energy projects,process and metallurgical plants and municipal service sector projects throughout India and overseas and leading manufacturer of wind turbine generators,has announced its unaudited financial results for the quarter ended June 30,2010.
Details are as under:
Q1FY11 vs. Q1FY10 Standalone
Total income from Operations at Rs. 2,630 million,higher by 31.5
EBITDA at Rs. 278.6 million in Q1FY11 as compared to Rs. 204.6 million in Q1FY10
PAT at Rs. 317.0 million
EPS Basic of Rs. 7.22 per share
Commenting on the performance,T. Shivaraman,Managing Director amp; CEO of Shriram EPC Limited,said:
We are pleased to report a sustained financial and operational performance during the quarter. We have witnessed strong traction in demand with significant improvement in visibility of business,which is evident from the over Rs. 400 crore increase in order backlog during the first quarter. We will seek to continue the momentum in order flow given the improved business environment as well as focus on execution.
Going forward,we anticipate growth in all our verticals and will capitalise on the opportunities that come our way.
