Business Standard

Vikas WSP posts Net Profit of Rs.50 crores in FY08

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Announcement Corporate

A 100% export oriented guar gum company, Vikas WSP has an export market share of 22.60%. The company has export orders of Rs.78.27 crores in hand.

The Company is currently implementing three projects with a total capital outlay of Rs.631 crores : at Sriganganagar, Rajasthan (Rs.52 crores); at Bikaner, Rajasthan (Rs. 202 crores) and at Savli, Baroda, Gujarat (Rs.377 crores). The two plants in Rajasthan will commence commercial production in 2009-10 and the Gujarat plant in 2010-11. The three plants are expected to contribute Rs.540 crores to the Company's Turnover.

 

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First Published: Jun 16 2008 | 12:00 AM IST

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