The Electronics Corporation of Indian Limited (ECIL), which functions under the Department of Atomic Energy, has reported earnings of Rs. 1,729 crore for the financial year 2012-13, a 17 per cent rise over the Rs. 1,474 crore it logged the previous year.
The earnings of the Coporration before interest, taxes, depreciation and amortization (EBITDA) stood at Rs. 103 crore, an ECIL spokesperson said.
The financial results of the PSU, which were supposed to be out about five months ago, were delayed due to different audits, including one by the Comptroller and Auditor General of India, the spokesperson added.
The ECIL’s achievements in the last financial year include installation of control and instrumentation equipment at Kudankulam Nuclear Power Plant (KKNPP) and the Prototype Fast Breeder Reactor (PFBR) at Kalpakkam.
Besides the supply, installation and commissioning of a ground station for Earth Observation Satellite at Antarctica, Integrated Security Systems for the Indian Chancery at Kabul and supply of two lakh artillery fuzes to Indian Army are among notable projects executed by ECIL.