Welspun Projects formerly MSK Projects India (MSKPRO) is involved in the business of construction. The company was incorporated on Dec. 20, 1994 as M.S. Khurana, a partnership firm. It was registered as a public limited company with the current name and commenced business on Jan. 27, 1995. The company is into industrial, residential and infrastructure construction. It has executed various types of works such as mass housing and township, multi-storied buildings, industrial projects for coal mines, petrochemicals, fertilizer plants, and water retaining structures. The company has diversified into the field of Infrastructure development, particularly road sector, on build, operate and transfer (BOT) basis. The company has independently executed projects for various large scale private and public sector companies like G.E. Plastic, Indian Petrochemicals, National Thermal Power Corporation, Crompton Greaves, Nitco Tiles, Rajasthan Industrial Investment Corporation (RIICO), ACP Industries, Hindustan Lever, Gujarat Chemical Port Thermal, and Philips India. Major orders bagged by the company include the execution of the Package-7 Khandwa-Khargone (SH-26) road project for the Madhya Pradesh Road Development Corporation; the civil and structural works of the control room, substation, fire-station, reservoir and pump houses, pipe sleepers, road and associated electrical works for Bharat Oman Refineries at its the crude oil terminal of Bina Refinery Project and for the Vadinar-Bina pipeline-Bina Refinery project; orders with Chetak Enterprise and BSBK for the Bhopal-Dewas road project in Madhya Pradesh; civil and structural works for off-sites and units under GFEC project at Mumbai Refinery from Hindustan Petroleum Corporation; civil and structural works for the Argon Refinery Plant at Hazira; and the order for KRIBHCO through Linde Process Technologies, New Delhi road project. The registered office of the company is located at 707-708, Sterling Centre, R.C. Dutt Road, Alkapuri, Baroda-390005. Financials The company disclosed fall of 45.02% in standalone net profit on y-o-y basis to Rs 38.65 million, while total income declined 14.14% y-o-y basis to Rs 811.00 million for the quarter ended June 2010.
Another Company profile
Welspun Projects Ltd. operates as a civil construction contractor in India. The company constructs various projects, including housings, townships, roads, residential buildings, and multi-storied buildings, as well as industrial projects for coal mines, fertilizer plants, petrochemicals, and water retaining structures. It also engages in earth, P-way, and other works in connection with railway sidings. The company was formerly known as MSK Projects (India) Ltd. and changed its name to Welspun Projects Ltd. in December 2010. Welspun Projects Ltd. was incorporated in 1994 and is based in Vadodara, India. As of June 15, 2010, Welspun Projects Ltd. operates as a subsidiary of Welspun Infratech Ltd.