Company: Madhucon Projects Ltd
Income 2005-2006 =Rs 300 crores (rounded off)
Net profit before tax (05-06) =Rs 15 crores (rounded off)
Karmayog CSR Rating: 2/5
CSR Activities:
Madhucon is committed to fulfilling its Corporate Social Responsibility by supporting communities in areas where we do business and has a long-standing record of this support. Our objective is to improve the economic status and expand opportunities for the local needy.Our activities range from providing employment to the local youth to carrying out welfare activities like supplying/ provisioning drinking water, medical facilities etc.
Sri Nama Nageswara Rao, Chairman, Madhucon group, founded the Nama Muthiah Memorial Trust (in memory of his father) to undertake various social service activities for the benefit of the Society in general and development of the local backward areas around the various projects undertaken by Madhucon.
His main aim is to bring a marked change in the lives of people and the communities among which our Company undertakes projects.
Nama Muthiah Memorial Trust has undertaken the following activities
o Supply of drinking water through tankers in Khammam Urban localities and nearby rural villages and girijan thandas.
o Drinking water is supplied in packets during Jatharas and village festivals.
o Repairing of dried village tanks and digging borewells by using the machinery of
Madhucon Granites.
o Digging Borewells for facilitating water to the agricultural farmers.
o Financial assistance to freedom fighters.
o Providing employment to local youth in the group’s Sugar, Granite and Engineering Projects etc.
o Acquired sick Palair Sugar Factory with a view to revive and provide employment to the local youth and lending a helping hand to sugar cane growers/farmers.
o Helping poor patients.
o Financial assistance to Tsunami affected people.
o Rewards to the meritorious students and financial assistance to the poor Adivasis and Girijan Thandas for their education.
Amount contributed towards CSR :No information regarding the amount spent on CSR was available on the homepage .
Contact details : Madhucon Projects Ltd
Madhucon House
1129/A, Road No.36, Jubilee Hills
Hyderabad – 500 033
Andhra Pradesh, India
Phones: +91 40 23556001 -04
Fax: +91 40 23556005
Email: hyinfo@madhucon.com
Website address : http://www.madhucon.com