PSUs

IRCON registers a jump of 13.47% in operating income

By Indian Mandarins- 06 Sep 2019
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ircon-registers-a-jump-of-13.47%-in-operating-income

In its 43rd Annual General Meeting held on September 03 in New Delhi IRCON CMD S K Chaudhary addressed shareholders informing about achievements of the company for financial year 2018-19.

 

Chaudhary said, "The operating income has registered an increase of 13.47% from Rs 3,891 crore in 2017-18 to Rs 4415 crore in 2018-19. The profit before tax and profit after tax for the year under review were Rs 615 crore and Rs 445 crore respectively registering an increase of 16.04% and 14.69% respectively over the previous year.”

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Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.