BGR Energy Systems has announced the results for the quarter and year ended March 31, 2011.

The company’s net profit declined 9% to Rs 98.35 crore for the quarter ended March 31, 2011 as compared to Rs 108.31 crore for the quarter ended March 31, 2010. Its total income has decreased from Rs 1663.69 crore for the quarter ended March 31, 2010 to Rs 1463.37 crore for the quarter ended March 31, 2011.

For the year ended March 31, 2011, the company has posted a surged of 61% in its net profit of Rs 324.20 crore as compared to Rs 201.02 crore for the year ended March 31, 2010. Its total income has increased from Rs 3093.95 crore for the year ended March 31, 2010 to Rs 4769.60 crore for the year ended March 31, 2011.

On consolidated basis, the group has posted a net profit of Rs 323.04 crore for the year ended March 31, 2011 as compared to Rs 201.45 crore for the year ended March 31, 2010, up 60%. Its total income has increased from Rs 3098.40 crore for the year ended March 31, 2010 to Rs 4772.09 crore for the year ended March 31, 2011.

BGR Energy Systems is engaged in the business of engineering, procurement and construct (EPC) contracting and balance of plant (BOP) contracting for power sector in India.

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