B L Kashyap and Sons Limited Results for the Quarter and Year Ended March 31 2021

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Revenue from operations at Rs 287.72 Crore in March 2021; EBITDA at Rs 65.46 Crore in March 2021 

Posts Net Profit of 2.47 Crore for FY2020-21  

New Delhi, July 15, 2021: B. L. Kashyap & Sons Limited, one of the leading construction and civil engineering companies in the country has announced its result for the fourth quarter and year ended 31 March 2021. The company reported financial earnings of Rs 308 Crore for the quarter ended March 2021 in comparison to Rs 220 Crore for the same period last year. The company continues to take necessary steps to keep the book of orders growing and projects are met well within the timelines, which has been one of the treasured hallmarks at B L Kashyap & Sons Limited (BLK).  

For the financial year 2020-21, BLK posted Income of Rs 776.85 Crore as of March 2021 against Rs 806.63 Crore during previous year ended March 2020. The company has not only posted a net profit of Rs 2.47 Crore for the year ended March 2021 in comparison to net loss of Rs 30.56 Crore same period last year, but also fared well in other departments. BLK achieved promising numbers in revenue from operations that stood at Rs 287.72 Crore in the quarter ended March 2021 up 32.40% from Rs 217.31 Crore in March 2020. On the other hand, EBITDA reported Rs 65.46 Crore in year ended March 2021 with a tremendous growth of 263.44% compared to Rs  18.01 Crore during previous year ended March 2020 

With the extraordinary times that the world has come to experience in recent times, impacting all walks of life and businesses, BLK continues to tackle challenging situations with caution and perseverance. The senior management is optimistic and expects growth in the near future to bring much needed impetus to the industry, which will gradually speed up all round construction activities. Known for providing quality with tight delivery schedules in the world of construction, BLK delivers best in class structures across the spectrum that includes IT Campuses, Commercial Spaces, Malls, Hotels, Residential Complexes, Institutions, Factories and Manufacturing Facilities, Healthcare and Transportation.

Corporate Comm India (CCI Newswire)