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Budget

BUDGET

THE MYSORE ELECTRICAL INDUSTRIES LTD.,

The M.E.I. Ltd. Bangalore-560 022.

 

BUDGET ESTIMATED FOR THE YEAR: 2021-22

 

 

ACHIEVEMENTS :2020-2021


PRODUCTION: 8964.89Lakhs

SALES: 9003.89Lakhs

  

PRODUCTION AND SALES TARGET FOR 2021-22: Rs.150 Crores

 

 

BUDGET

 

 

Particulars 2020-21
Rs.        
2019-20
Rs.        
Total Revenue 94,17,40,169 65,52,11,514
Total Expenses 67,93,03,805 48,73,95.324
Interest and Finance Charges 15,41,571 60,90,257
Provision for Depreciation 20,07,330 20,23,830
Net Profit Before Tax 25,88,87,463 15,97,02,103
Provision for Tax 7,53,88,029 4,65,05,252
Deferred Tax(asset) 5,87,788 20,29,017
Other Expenses Relating to prior period 1,56,01,340 40,84,416
Net Profit After Tax 16,73,10,306 11,93,10,284

 

FINANCIAL POSITION OF THE COMPANY:

The working capital management and financial position of the company during the year is satisfactory. Company paid government old dues and asked interest to convert equity/shares.

 

ORDER BOOK POSITION:

During the year 2020-21 the company has received the orders worth Rs.7101.2392lakhs.

 

Last Updated: 24-03-2022 09:49 AM Updated By: Admin


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