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BGR Energy Systems registered a 20 per cent dip in fourth quarter net profit (standalone) at Rs 53.85 crore, from Rs 67.17 crore the previous corresponding quarter. Net sales were down 6.5 per cent at Rs 1,063 crore (Rs 1,137 crore).
Construction and EPC contracts contributed Rs 984.54 crore, accounting for over 92 per cent of the revenue, said a company release.
For fiscal 2012-13, BGR Energy’s net profit dropped 27 per cent to Rs 163.67 crore (Rs 223.52 crore). Net sales decreased 10 per cent to Rs 3,105 crore.
Execution, delivery and balance of plant opportunities will continue to be the focus for this financial year, said the company. BGR carries over an order book exceeding Rs 11,000 crore, it added.
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