BOC India Limited has announced its un-audited financial results for the third quarter ending 30th September 2008, revealing strongly improved gross turnover and stable demand across all business segments.
The results were approved by the company’s Board of Directors at a meeting held last week, while at the same meeting the Board also appointed Srikumar Menon, the company’s finance director, as its new Managing Director for a three-year term.
Menon became finance director of the company in 2001 and has been the acting managing director (MD) of the company for the past six months, since the resignation of the previous MD.
In terms of its financial muscle, the company reported a gross turnover of Rs 142.37 crore for the quarter ending 30th September 2008 – registering an increase of around 33% over the turnover of Rs.107.25 crore achieved in the corresponding quarter of the previous year.
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