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| Bridge & Roof looks at Rs 1000cr turnover by March 2010 |
| BS Reporter / Kolkata Jul 01, 2009, 00:58 IST |
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Kolkata-based Bridge and Roof Company (India) Limited (B&R), a central public sector undertaking under the mininstry of heavy industries and public enterprises, aims to achieve Rs 1,000 crore turnover this fiscal.
The company, a pioneer in construction and project management, has a order book size of Rs 1,850 crore in hand. It expects the order book size to exceed Rs 2,000 crore by the end of March 2010.
The company posted a turnover of Rs 935.07 crore last fiscal as against Rs 714.79 crore in fiscal year 2007-08,up by 31 per cent, profit before tax stood at Rs 24.10 crore.
“We have posted good results last fiscal despite the meltdown, although we suffered some losses because of fluctuation of steel price, we have now factored in the price escalation in new orders,” said Mukesh Jha, chairman-cum-managing director, B&R adding that they expected to continue the growth trajectory.
Almost 60 per cent of the company’s turnover comes from the hydrocarbon sector, 20-25 per cent from power and the remaining from infrastucture projects.
Apart the domestic projects B&R has also embarked on a couple of international projects in Nepal, Maldives, Kuwait, Bhutan and so on.
The company is looking at bagging some new orders in Oman, Kuwait. “The total worth of the international orders is close to Rs 50 crore. We are hoping to get another Rs 200 crore order in Kuwait and some in Oman,” pointed out Jha.
The company is eyeing big projects like the Mumbai metro, Mumbai monorail, the upcoming East-West metro project in West Bengal.
“We are looking at getting more orders this fiscal and achieve sales turnover of Rs 2,000 crore within the next three years,” said Jha.
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