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Article: Bharat Pumps earnings likely to double in next three years.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- February 9, 2009
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Bharat Pumps earnings likely to double in next three years
New Delhi, Feb 9 (PTI) -- State-run Bharat Pumps and Compressors Ltd today said its earnings are likely to be more than double in the next three years.
The company expects a turnover of Rs 500 crore by 2011-12 against that of Rs 194 crore in 2007-08, the company said in a statement today.
In this fiscal, the turnover is projected at Rs 235 crore, however, the net profit is likely to dip to Rs 24.4 crore against Rs 30.5 crore a year ago, it said.
"Irrespective of slowdown in economy, especially in the manufacturing sector ... ...