BHEL Trichy records all time high turnover of Rs 12,275 in FY11

THRICHIRAPALLI: Engineering major BHEL today said its unit here recorded an all time high turnover of Rs 12,275 crore during the financial year 2010-11.

The turnover during the fiscal was 22.63 per cent higher than the previous fiscal's Rs 10,009 crore, A V Krishnan, Executive Director of BHEL's unit here told reporters.

The profit before tax also increased by 29.48 per cent to Rs 3,250 crore in the fiscal ended March 31 this year as against Rs 2,510 crore recorded in the previous fiscal, he said.

It had received orders for a record number of seven super critical projects during FY11, including three units of 800 MW, 3 units of 650 MW and one 700 MW projects, respectively, he said.

The current fiscal's projection of turnover was Rs 15,000 crore, he said.

All the preparatory works and pre-execution works have been carried out in time to complete the Phase-III capacity augmentation scheme for 20,000 MW capacity.

BHEL, Trichy achieved the targeted capital expenditure of Rs 296 crore for 2010-11.

The exports performance was also attractive with over 11,500 tonnes of components. In rupee value, it was about Rs 4,600 crore that included deemed export value, Krishnan said.