DK Thakur Executive Director BHEl Bhopal on Monday shared the financial result of the Bhopal unit as well as the corporation for the year 2017-18 with the employees at BHEl Cultural Hall, Ptplani. He congratulated all the employees of the unit for the outstanding performance of the unit.
Thakur said that the unit has achieved a Turnover of Rs 3594 crore and Profit before tax of Rs 537 crore, withstanding all odds. On this occasion MS Kinra, General Manager (Quality & HR), TK Bagchi General Manager (TCB), all general managers, executives and large number of employees were present.
Alluding to the success achieved in turnover, profit margin and order booking position, under the dynamic leadership of Atul Sobti, Chairman and Managing Director (BHEl), Thakur said that BHEl has received all the orders of thermal power project released in the market during the year. The present order book of Rs 1,18,000 crore displays the strong financial position of the company which is a source of motivation for all of us.
It is our moral duty to take BHEl as well as BHEl, Bhopal to further heights of glory, added Thakur.
Earlier, Kinra welcoming all the guests shared the achievements of the unit. He said that the success of the unit is the result of the extraordinary co-ordination among the employees, trade unions and all the stakeholders of the organisation.
Bagchi made a presentation on the performance highlights of the unit. He said that an ambitious Turnover target of Rs 4600 crore and profit before tax of Rs 992 crores has been budgeted for the year 2018-19.
Expressing satisfaction, he said that Bhopal unit has achieved a gross turnover of Rs 3657 crores for the year 2017-18. Hydro Division has contributed Rs 921 crores, TCB- Rs. 774 crores, Electric Motor-Rs 579 crores, Transportation Group-Rs 494 crores, SCR Group- Rs 460 crores, Thermal- Rs 307 crores, Feeders- Rs 55 crores for the year 2017-18. The unit has filed a total of 60 patents during the year. At the same time Rs 109 crores have been spent for R&D activities.
Bagchi said that Bhopal is readying itself for the upcoming business in Industry sector as well as transportation which will further enhance the performance of the unit. Binoy Kumar AGM (HRM) proposed the vote of thanks while Hariom Piple and Kokila Dsouza coordinated the programme.