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MADHUCON
Ref: MPL/HYD/CS/2016/
Date: 12022016
To
(Tha Stack Exchange Mumbat (856) | National Stock Exchange (NSE) of nda U2, |
| conporats Relationship Dept, Sth Floor, Exchange Plaza
| 1st Floor, New Trading Ring, Banadira (East),
Rotunda Bailing, ?) Towers Mumbai-400 051
| Dalat Street, Fort,
| Mumbai 400 001
Dear Sir/Madam,
‘Subs; Press Release - Reg.
Please find herein excloses Press Release, content of which is self-explanatory
Thanking you.
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MADHUCON
MADHUCON Q3 TURNOVER AT % 122.46 CRORES, EBITA AT 4.62 CRORES AND
INET PROFIT AT & 3.65 CRORES
‘Madhucon Projects -imited, a premier infrastructure development company specialized
struction of National Highways, BOT/EPC toll roads, Railways, Tunnels, Dams
Canals, Aqueduets, Workshops, Power Projects, Coal mines and Residential cum
Commercial Ventures has achieved turnover of & 122.46 Crores of the third quarter
ended 31/12/2015. The cumulative turnover forthe nine months is RSA66.91 Crores
Despite the typical seasonal fluctuations in construction industry that occur between
2014 & 2015 , the company has achieved EBITA of 4.62 Crores and net profit of €3.65
Crores during the third quarter ended 31/12/2015, which reflect management tight
control of capital spending and other cash items.
‘The company during the frst nine months of 2015-16 recelved road projects orders
worth of around 85.1200 crores on EPC basis form National Highways Authorty of India.
Madhucon hae an Order Book of around % 4848 Cr and has
been prequalified in number of EPC works over & 20,000 Cr in irigation,
Highways, Railways, Power Plants and Transmission line projects etc
Madhucon is firmly on the path towards delivering improved profitability and
shareholders value in 2016,