Since our inception in the year 2017 , we have achieved three fold jump in our business growth owing to the number of projects we have undertaken in the
past 3 years.We have affixed the summary of the Financial report from FY2017-20 below
FY2017-18 : In the year of inception , M/s SPG Constructions has achieved a Book Turnover of Rs 8,88,86,366 ( Eight crore Eighty eight lakhs eighty six
thousand three hundred and sixty six ). The Total Cost of Operations was estimated at Rs 6.25 Crore whereas Salaries and expenditures were pegged at Rs 60
Lakhs.
FY2018-19 : In the Preceding year , our Business Turnover saw a monumental growth of 300% from the Previous year. Our Net Turnover stood at Rs
24,01,74,677 ( Twenty Four crore one lakhs seventy four thousand six hundred and seventy seven ). The Total Cost of Operations was estimated at Rs 16
crore and Net Profit after Deductions were valued at Rs 6.10 crore approximately. Owing to the strong Financial Performance , we were able to allocate 30%
of our Net profits as Reserves providing stability to our Balance sheets.
FY2019-20 : The Book Value of M/s Suryapriya Constructions rose to Rs 64,39,87,736 ( Sixty Four crore thirty nine lakhs eighty seven thousand seven
hundred and thirty six ) owing to the increased number of projects undertaken by us and completing them in record time period. Our Total Cost of Operations
stood at Rs 54 crore approximately and Net Profit after deductions being revised at Rs 9 crore. Our investments on Machinery was increased by 20% and
considering the future prospects of the market , our allocation to reserves were increased by 10%. We aimed at creating Financial Stability in view of future
uncertainties.
The Way Forward :
Our Vision for FY2027 is to achieve a Business Turnover of Rs 200 Crore on the back of completing 30+ Projects successfully . We aim to reduce our Total
Cost of Operations by 20% from the Total Book Value by adopting Modern Methods of Construction. This can be made possible by increasing the
Investment on Modern Technology. We aim to solidify our Financial Stability by allocating 40% to Reserves by having a Net Profit after Deductions of Rs 26
crore. We envision to create value proposition for our clients and investors in the near future.