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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. 
BGR mining


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 Financial Year 2015-2016. With the net operating income increase of 77.31%, their profit stood at Rs 128.84 crore. As of the end of 2016, the company’s assets are evaluated at Rs 1,167.26 crore.

Considering the future prospects of the company in terms of workforce, safety, and efficiency, the directors of BGR Mining  have invested a fair share of earnings in state-of-the-art machines. 
The company has been the pioneer of excavator machine models in India. In addition to that, BGR Mining ordered  350 P410 tipper trucks from a leading commercial vehicle manufacturer, Scania.

As BGR Mining looks to expand their industry to coal and other minerals like chromite, it would not be an understatement to say that the company is going to achieve greater heights in near future. 

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