Dredging Corporation of India (DCI) has achieved a Rs. 676 cr turnover during 2015-16, with a profit after tax of Rs. 80 crore, according to a press release.
A memorandum of understanding for the financial year 2016-17 was signed by Rajive Kumar,
Secretary(Shipping) and Rajesh Tripathi, Chairman and Managing Director of DCI, in New Delhi on Tuesday.
The MoU is for performance evaluation parameters and targets for DCI during the ensuing year.The MoU will be reviewed by the Ministry on a regular basis and the performance of PSU would be evaluated and ratings awarded at the end of the financial year.
DCI posted very good performance during the last financial year (2015-16) as against "good performance" for 2014-15 despite "very difficult market conditions." During the year, DCI MUTLICAT, an ancillary vessel, was added to the fleet.
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Dredging Corpn achieves Rs 676 cr turnover in 2015-16
By IndianMandarins - 2016-08-04 11:44:23
Dredging Corporation of India (DCI) has achieved a Rs. 676 cr turnover during 2015-16, with a profit after tax of Rs. 80 crore, according to a press release.
A memorandum of understanding for the financial year 2016-17 was signed by Rajive Kumar,
Secretary(Shipping) and Rajesh Tripathi, Chairman and Managing Director of DCI, in New Delhi on Tuesday.
The MoU is for performance evaluation parameters and targets for DCI during the ensuing year.The MoU will be reviewed by the Ministry on a regular basis and the performance of PSU would be evaluated and ratings awarded at the end of the financial year.
DCI posted very good performance during the last financial year (2015-16) as against "good performance" for 2014-15 despite "very difficult market conditions." During the year, DCI MUTLICAT, an ancillary vessel, was added to the fleet.
