For the Financial Year ended on 31st March’ 2010, Sunil Hi Tech Engineers, one of the leading Company in the field of Power & Infrastructure Project Execution, has continuously maintained its growth momentum.
For the year ended on 31st March 2010, Sunil Hi Tech achieved the Turnover of Rs 728.43 crore (standalone), thereby registering an Increase of 21.64% over Rs 598.81 crore in the previous fiscal year. Profit before tax (before extra ordinary items) for the financial year ended on 31st March’ 2010 is Rs 53.89 crore which was Rs 20.68 crore in the last fiscal year, thereby registering a significant growth of 160.57%.
Profit after Tax before extraordinary/ exceptional items for the year increased by 127.68% to Rs 23.45 crore as against Rs 10.30 crore in the last fiscal year.
Commenting on the results, Vijay R Gutte, Director (Finance) of Sunil Hi Tech Engineers said: “Currently we are executing various prestigious projects at different parts of India. We have developed ourselves as one of the leading Project Executor in the field of Power and Infrastructures sector. Providing Services at competitive rates, timely execution of jobs and our commitment towards quality, provide us an edge over our competitors. Apart from regular BTG Structural Fabrication & Erection, we are concentrating on EPC modules of Power & Infrastructure Business. With great pleasure I am presenting here our annual performance and in view of growing business in the Power and Infrastructure sector and our ability, our potential to grab the opportunities, we are expecting better result in years to come."
About Sunil Hi Tech Engineers
Within a period of 20 years, Sunil Hi Tech Engineers has emerged as one of the leading Project Executor of India in the Power and Infrastructure Sector, mainly dealing with fabrication, erection, testing and commissioning of thermal power plants and also entered in the Steel & Sugar Industries. At Present the Company is executing 47 live projects at different parts of the country and contributing to the commissioning of 26,070 Mw of Power in the next 2–3 years. An ISO 9001:2000 & OHSAS 18001:2007 Company certified company, Sunil Hi Tech undertakes the erection, testing and commissioning of boilers and auxiliaries of up to 500 Mw capacity, pressure parts, ESP and piping, and structural work in main plant building, bunker bay and miscellaneous structures of up to 660 Mw.
