ECIL registers Rs 103 crore profit
By ENS Economic Bureau | Published: 01st October 2013 12:20 PM |
Public sector undertaking Electronics Corporation of India Ltd (ECIL), Hyderabad, said it registered a profit of Rs 103 crore for the financial year 2012-13. The registered profit is on a record turnover of Rs 1,729 crore during this fiscal.
Currently, ECIL is working on new technologies in pact with R&D laboratories and national institutions to develop new products, which could emerge as the mainstay of the company.
During the year 2012-13, ECIL installed the control and instrumentation equipment at Kudankulam Nuclear Power Plant (KKNPP) and a prototype fast breeder reactor at Kalpakkam. Besides, it also supplied, installed and commissioned a ground station for Earth Observation Satellite at Antarctica, integrated security systems for the Indian Chancery, Kabul and supply of two lakh artillery fuses to the Indian Army.
During the period under review, ECIL said it contributed significantly to the strategic sectors of the nation, such as atomic energy, defence, space and homeland security. Some of its major supplies include control & instrumentation systems for nuclear power plants, radiation detection equipment for seaports, command control systems for Akash and BrahMos missile programmes, communication radios, jammers and installation of integrated video surveillance systems to cover a number of major markets in New Delhi.
ECIL has also contributed to the National Population Register (NPR) and the Socio-Economic Caste Census (SECC) projects during the year, it said in a statement.
For its contribution in the field of technology, ECIL was conferred with the Gold Trophy for R&D, Technology Development and Innovation award 2011-12 by the Standing Conference of Public Enterprises (SCOPE) in April this year.
Meanwhile, ECIL said it was substantially increasing its infrastructure investment to renovate and modernise its facilities to make them future-ready.