New Delhi: IREL (India) Limited, a PSU under the Department of Atomic Energy (DAE), has recorded outstanding performance during the previous Financial Year (FY 2021-22). According to the company, it has achieved its highest ever sales turnover and profit before tax (PBT) since its inception. The sales turnover and PBT stood at a whopping Rs 1462.05 crore, while the PBT stood at about Rs 700.00 crore, which surpassed the previous year record by 53.3 percent and 68.6 percent respectively.

This is in addition to the "Excellent" MoU rating secured by the company for the 4th consecutive year. The above feat could be achieved despite withstanding two waves of the Pandemic and disruptions in the supply chain.

Congratulating the employees on this colossal achievement, IREL's Chairman and Managing Director (CMD) D Singh, who has spearheaded the company for the last seven years and has been the fulcrum of growth of IREL, said that this pinnacle could be achieved due to the immense contribution of all the employees despite the testing time the Country has faced during the last year.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)