sector: Basic Materials ·
industry: Mining & Metals - Specialty ·
As of
3:30pm IST
25.85INR
Bhagyanagar India Limited is an India-based company. The Company is engaged in business streams, such as manufacturing of various copper products, real estate and infrastructure, non conventional energy (Wind) and jelly filled cables (JFTC). The Company operates in four divisions: copper products, real estate/infrastructure, non conventional energy division, jelly filled telephone cables. The Company manufactures various copper products, such as copper field coils, copper fins and busbars with supplies to various original equipment manufacturers (OEMs), such as Lucas TVS Limited, Tata BP Solar and Emvee Solar. The Company operates a non conventional energy sector with a wind power project with total installed capacity at 10.5mega watts/ per annum. The real estate and infrastructure division focused on development of residential and commercial space within the state of Andhra Pradesh primarily in Hyderabad. Its JFTC division manufactures cables from a range of 5 pairs to 800 pairs.
BRIEF: For the fiscal year ended 31 March 2008, Bhagyanagar India Ltd. revenues decreased 11% to RS2.21B. Net income decreased 47% to RS373.5M. Revenue reflect a decrease from copper product sales and lower infrastructure leasing & sales. Net income also reflects an increase in salary, wages & allowances expenses, higher stores consumed expenses, an increase in depreciation and higher interest & financial charge.
Bhagyanagar India Limited
Surya Towers, 5th Floor,
Sardar Patel Road,
Secunderabad 500 003
P: +9140.27845119
F: +9140.27848851