ECIL achieves highest turnover of Rs 1,014 cr

Written by:
Subscribe to Oneindia News

Hyderabad, Apr 11 (UNI) Public sector electronics major Electronic Corporation of India Limited (ECIL) here has posted a provisional Rs 160 crore profit in 2007-08 from a turnover of Rs 1,014 crore, the highest business in its 40 years of operations.

The company, which crossed the Rs 1,000 crore mark for the second year in succession with a pre-tax profit of Rs 160 crore, had fixed a target of Rs 1,500 crore for the year 2008-09 and had the ''best ever'' opening order book of around Rs 1,000 crore, according to a company release here today.

ECIL continued its contributions to the strategic sectors, Atomic Energy including Nuclear, Defence, Space, Science and Technology, Security and Civil Aviation.

ECIL's supplies in 2007-2008 included Control and Instrumentation equipment for Nuclear and Thermal Power Stations, Communication products and systems to the Ministry of Defence, Antenna Stabilisation Platforms for the Light Combat Aircrat, I and C for 32-M diameter Antenna System for Chandrayaan project of the Department of Space, Encryption, Internet Management Systems and Integrated Security Systems to many crucial installations in the country.


Please Wait while comments are loading...