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Corporate Results - Power


ICSA (India) net, turnover rise

Our Bureau

Hyderabad , April 24

ICSA (India) Ltd has posted a turnover of Rs 6.16 crore and a net profit of Rs 75.80 lakh during 2003-04.

The turnover increased by 80 per cent and net profit by 750 per cent. Last year, the turnover was Rs 3.42 crore and net profit Rs 8.91 lakh. The company had written off some bad debts last year and, hence, the profit was lower.

In the fourth quarter of last fiscal, turnover was Rs 2.01 crore and profit Rs 25.61 lakh. The company is engaged in providing solutions for containing transmission and distribution losses for various power distribution companies.

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