Advertise Here [728 W x 90 H pixels]
Construction : Cover Story | October 2016 | Source : CW-India

Winners - Mukand

Mukand is a multi-division, multi-product conglomerate involved in the manufacturing of specialty steel long products and heavy machinery. With manufacturing facilities at Thane in Maharashtra and Hospet in Karnataka, the company produces over 400 grades of specially engineered steel to suit stringent customer requirements in sizes ranging from 5 mm to 160 mm in the form of bars, bright bars, wire rods and wires. Its alloy steel is widely used in the automobile and auto component industry for products such as fasteners, bearing transmissions, crankshafts, steering components, suspension springs, fuel injection equipment (including common rail diesel injection systems), braking systems, drive axle velocity joints, seamless tubes, etc.

Mukand also exports its stainless steel products to the US, Germany, Italy, the Netherlands, Switzerland, UAE, Japan, Korea, Hong Kong, Taiwan and Vietnam, to mention a few. The company┬┤s revenue from the steel segment remained flat at Rs 3,148 crore during FY2016, as compared to FY2015. Net profit reported was Rs 256.9 crore, compared to the profit of Rs 246.49 crore.

 
Advertise Here [728 W x 90 H pixels]