BHEL’s boiler auxiliaries plant achieves record turnover in 2008-09!

Bharat Heavy Electricals Ltd In a press release on Sunday, the state-run Power equipment maker Bharat Heavy Electricals Ltd (BHEL) announced that the annual 2008-09 turnover figures of its boiler auxiliaries plant marked a record high of Rs. 2,000 crore!

The turnover for exports also showed an increase of 40 per cent, as compared to the year-before figures, yielding Rs. 28 crore for the year on the whole. In case of the value addition per employee also, the figures depict a year-on-year increase of 19 percent to Rs. 19.79 lakh.

As per the release, the plant's profit before tax (PBT) during the fiscal stood at Rs. 253 crore; and its dispatches, which were 30 percent more than the earlier year, were 1.9 lakh metric tones.

In all, during the fiscal, the plant managed to achieve a 26 percent growth rate, with the company receiving orders worth about Rs. 3,700 crore. The figures related to total outstanding orders stood at a value of nearly Rs. 6,500 crore.

The noteworthy figures for the fiscal indicate that the financial conditions pertaining to the global recession notwithstanding, BHEL has managed to reach to record figures and achieve new heights in all spheres - including production; introduction of new technologies; cash collections; product developments; and process enhancements!