Tuesday, December 22, 2015

Pawan Hans registers Rs 38.81 crore profit in FY14-15

The government-run chopper operator Pawan Hans has reported an annual net profit of Rs 38.81 crore in the 2014-15 fiscal, up by Rs 24 lakh from last year.

The company had reported a net profit of Rs 38.57 crore in financial year 2013-14. Sales during the last fiscal stood at Rs 538.15 crore as compared to a revenue of Rs 529 crore, Pawan Hans said today.

Pawan Hans, which held its 30th annual general meeting last week, has also declared a dividend of Rs 7.76 crore to the central government, the company said in a release.

Besides Chairman and Managing Director B P Sharma, the AGM was attended by Director General of Civil Aviation M Sathiyavathy and Joint Secretary in the Ministry of Civil Aviation Usha Pathee as well as a representative from ONGC, among others, it said.
21/12/15 PTI/dna
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