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Article: India: Operating margin (EBDITA) up by 16% to Rs 91 crore.
- Article from:
- TendersInfo
- Article date:
- July 26, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: manish03
HCC (Hindustan Construction Company) has registered growth in turnover and operating profit. The turnover grew by 22.5% to Rs 895 crores as against Rs 731 crores in the corresponding period last year. The operating margin (EBDITA) grew by 16% to Rs 91 crores as against Rs 79 crores in the corresponding period previous year.
The company registered Profit After Tax at Rs 31 crores as against Rs 34 crores in the previous year same quarter. During the quarter, a provision of Rs 50.6 crores on account of foreign exchange losses on foreign currency loans including FCCB was made. The Profit Before Tax stood at 39 crores as against 56 crores in ...
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