Patel Engineering Ltd 2021 AR2
The report highlights Patel Engineering Ltd.'s performance and operations for the fiscal year 2020-2021, a period significantly impacted by the COVID-19 pandemic. Despite the challenges, the company secured new orders worth approximately INR 2,900 crore, bringing its total order book to INR 14,466.83 crore as of March 31, 2021. To manage liquidity and debt, the company implemented a One Time Resolution Plan with its lenders and continued focusing on the monetization of non-core assets. Additionally, the company engaged in various Corporate Social Responsibility initiatives, including local area development and COVID-19 relief efforts near its project sites.
Company: Patel Engineering Ltd
Sector: Construction
Country: India
Year: 2021
Type: AR2
Pages: 192
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Patel Engineering Ltd
Annual Report
The report highlights Patel Engineering Ltd.'s performance and operations for the fiscal year 2020-2021, a period significantly impacted by the COVID-19 pandemic. Despite the challenges, the company secured new orders worth approximately INR 2,900 crore, bringing its total order book to INR 14,466.83 crore as of March 31, 2021. To manage liquidity and debt, the company implemented a One Time Resolution Plan with its lenders and continued focusing on the monetization of non-core assets. Additionally, the company engaged in various Corporate Social Responsibility initiatives, including local area development and COVID-19 relief efforts near its project sites.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Published
Jun 11, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees