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Showing posts from November, 2018

Financial Highlights of BGR Mining

BGR Mining, one of the leading mining companies of India, have made a name for themselves ever since they entered the sector in 1990. Headquartered in Hyderabad, the company has 15 BGR mining ongoing projects   across India. While working towards their aim of become the leading coal extractor on a global scale, the company has shown promising financial growth in the last decade.  Along with the revenue figures, EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization) is a crucial parameter that determines the growth of a company across successive financial years. In terms of financial performance of a company, it is defined as the net income of a company with taxes and other factors added to it. In 2013-14, EBITDA rose to 106.78 from 64.12 in the previous year. Furthermore, the highest revenue difference of Rs 706.58 crore was observed from FY14-15 to FY15-16.  The company witnessed a 73.04% change in revenue and registered Rs 1,621 crore in ...

BGR mining

BGR Mining Projects in India On the journey of becoming the world’s leading coal extractor, BGR Mining has 15 ongoing projects spread across the country. The company aims to finish the projects before their respective deadlines as a testament of their speed and efficiency. Though the execution involves a cost-efficient approach, there is no compromise whatsoever on the environmental as well as production factors. The details of the projects are as follows:- BGR Mining in Jharkhand ·          Dobari Colliery - Completed   The project was completed on January 27, 2015 with OB coal quanityt as follows (in LBCM/L Tons): Drilling- 79.953, Coal- 187.610, and OB- 856.770. The company was employed by Bharat Coking Coal Limited and ended the project in 72 months. ·          Amrapali OCP Coal Extraction - Completed The project was completed in just 36 months with OB coal quantity of 150 LBCM/L....