The Kolkata-based company said it received fresh orders worth Rs 2,649 crore during the last fiscal, which is a growth of staggering 96.5 percent over the previous fiscal.
State-owned Hindustan Steelworks Construction (HSCL) today said it has highest-ever order-book at over Rs 6,000 crore now, placing it in a good position for the next level of growth.
"With more than Rs 6,000 crore worth of order-book in steel as well as in a wide range of infrastructure sectors, spread all over the country... HSCL is destined for the next\\ level of excellence in the coming years," the company said in a release.
The orders are from diverse areas, including opencast mining and port operations, etc. where HSCL diversified in the recent past.
The Kolkata-based company said it received fresh orders worth Rs 2,649 crore during the last fiscal, which is a growth of staggering 96.5 percent over the previous fiscal.
HSCL had clocked Rs 1,410.21 crore revenue, up 10.33 percent over 2012-13. Its operating profit was Rs 92.27 crore during last fiscal.
"The company has been in a growth trend clocking CAGR of 19.02 percent in turnover, 25.51 percent in order booking and 14.62 percent in operating profit since 2005-06 till
2013-14," it said in the release.
HSCL was established in 1964 as a construction firm under the Ministry of Steel. A financial restructuring package of the company is under consideration of the government.
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