For the year ended on March 31, 2010, Sunil Hi Tech Engineers has attained the turnover of Rs 7,284.3 million (standalone), thereby recording a rise of 21.64% as against Rs 5,988.1 million during the previous fiscal year.

The profit before tax (before extra ordinary items) of the company operating in the field of power and infrastructure project execution for the fiscal year ended on March 31 stood at Rs 538.8 million which was Rs 206.8 million during the last financial year, thereby recording a 2.6 fold growth.

PAT before extraordinary/exceptional items for the fiscal grew by 2,8 fold to Rs 234.5 million as compared to Rs 103 million during the last financial year.

While commenting on the results, Mr. Vijay R Gutte, director (finance) of Sunil Hi Tech Engineers stated, "Currently we are executing various prestigious projects at different parts of India. We have developed ourselves as one of the leading project executor in the field of power and infrastructures sector. Providing services at competitive rates, timely execution of jobs and our commitment towards quality, provide us an edge over our competitors. Apart from regular BTG structural fabrication and erection, we are concentrating on EPC modules of power and infrastructure business. With great pleasure I am presenting here our annual performance and in view of growing business in the power and infrastructure sector and our ability, our potential to grab the opportunities, we are expecting better result in years to come."

The shares of the company, on June 25, declined 2.0% to end the week at Rs 206.70. The share price has seen a 52-week high of Rs 268 and a low of Rs 129.85 on BSE.

The total volume of shares traded was 12,658 at the BSE. (With Inputs from Agencies)