Energy Efficiency Services records net profit of Rs 34.51 crore in FY20, a fall of 54 percent from FY19. Mounting receivables from PSUs said to be one reason. EESL’s total receivables, as on March 31, 2020, touch Rs 2,800 crore.Company procuring electric vehicles for govt firms sees worst performance in five years
Energy Efficiency Services records net profit of Rs 34.51 crore in FY20, a fall of 54 percent from FY19. Mounting receivables from PSUs said to be one reason. EESL’s total receivables, as on March 31, 2020, touch Rs 2,800 crore.
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