Narasimha Murthy & Co., Cost Accountants


NARASIMHA MURTHY (62), having brilliant academic record, getting ranks in both CA & ICWA courses entered the Profession of Cost & Management Accountancy in 1983. He is associated with the development of Cost & Management Information Systems for more than 175 Companies covering more than 50 Industries. In addition, he is closely associated with turning around of many large Corporates, focusing on systems improvement with Cost Reduction approach.

He is closely involved with several National level Institutions, presently on the Boards of Infiniti Retail Limited(till 20.11.19), Max Life Insurance Company Ltd., Max Healthcare Institute Ltd., Max Bupa Health Insurance Co. Ltd., Max Specialty Films Ltd., Max India Ltd.etc., In addition, he is associated as Member Tirumala Tirupathi Devasthanams Internal Audit & Investment Committees and Member on the Cost Accounting Standards Board of Institute of Cost Accountants of India.

Earlier he was associated as a Director with Oil and Natural Gas Corporation Ltd. (2013-‘16), IDBI Bank Ltd.(2001-‘11), LIC Housing Finance Ltd.(2005-’15), UTI Bank Ltd.,(presently AXIS Bank)(1999-2004), Member Board of Supervision NABARD (2005-’15), Unit Trust of India (UTI)(2002-‘03), IFCI Ltd.(2008-‘09), STCI Finance Ltd. (Formerly Securities Trading Corporation of India Ltd.,)(2013-‘19), AP State Finance Corporation(2009-’15), APIDC Ltd., Bombay Stock Exchange etc. As Chairman of Expert Committee on Urban Co-op. Banks (UCBs)(2002) in A.P., analysed the performance of more than 140 UCBs. Recommendations of the Committee are well received / accepted, being implemented by the concerned agencies.

He has been associated with more than 45 High Level Committees as Chairman / Member both at National & State Level, which include Audit Reforms Implementation Committee on Public Sector Banks, Prasara Bharati Restructuring Committee, Expert Committee on Common Wealth Games, Restructuring Committee of State Level PSUs, Expert Committee on Co-op. Credit Institutions, Fiscal Reforms Implementation Committee etc., He was also Adviser (Financial Services) to the Government of AP (2015-‘19) in the rank of Special Chief Secretary.

He is also associated with the development of Cost Accounting Record Rules for many Industries as a member of Informal Advisory Committee, Dept. of Corporate Affairs, Govt. of India. His efforts in the furtherance of Costing & Management Accounting Profession in India were recognised by the Institute of Cost & Works Accountants of India (ICWAI) which has honoured him by giving citation in October 2007. Recently he is appointed for conducting Quality Assurance Audit of Audit Control Systems in the IDBI Bank.

NMC Cost Accountants offer a wide range of Financial & Accounting services to business. By seeking our sound financial information, we believe you will be better able to identify your goals and make sound decisions, to help you reach these goals.


Our Partners

Shri. S.K.M. Rangachari​

Is a Cost Accountant with over 40 years of rich experience in Finance and Costing activities including Internal Audit. He was earlier associated  with companies such as Fertiliser Corporation of India, National Coal Development Corporation Ltd, Rajasthan Atomic Power Project, Hindustan Zinc Ltd, Bharat Leather Corporation Ltd, U.P Export Corporation Ltd, Karnataka State Federation of Co-op. Sugar Factories Ltd., Andhra Pradesh Co-op. Marketing Federation Ltd., Bureau of Industrial Costs and Prices (BICP).

Shri. Ch.V. Suryanarayana

Is a Cost Accountant with over 40 years of rich experience with Comptroller and Auditor General of India. He was earlier associated with the Audits of Food Corporation of India, Bureau of Industrial Costs and Prices, New Delhi, Damodar Valley Corporation, Bokaro, Andhra Pradesh Generation Corporations, International Paper APPM, Rayalaseema paper Mills, Hindustan Shipyard, Garden Reach Workshop, NMDC Kiruburu, Andhra Pradesh Mineral Development Corporation (APMDC), Nizam Sugars, Andhra Pradesh Heavy Engineering Corpn., SFC, APIDC, APIIC.

Shri. K.Sri Rama Rao

Mr. Rama Rao has a rich experience of 30 years in Finance and Costing working with many corporates.


Senior Association and Lead Cost Reduction Projects

Shri. K. Sree Charan

Dynamic, dedicated and determined, Mr Sree Charan has a diverse work experience and successfully contributed to Value Addition of Client Companies from Medium to Large companies for over 5 years.