BEML Net Loss Narrows to Rs 70 Cr in Q1 FY25

Aug 05, 2024 18:34

BEML reported a narrowed consolidated net loss of Rs 70.47 crore for the April-June quarter, compared to Rs 75.01 crore in the same period last year. Consolidated income also increased.

New Delhi, Aug 5 (PTI) Defence PSU BEML on Monday reported a narrowing of its consolidated net loss to Rs 70.47 crore for the quarter ended on June 30, 2024.

The company had posted a consolidated net loss of Rs 75.01 crore in the year-ago period, BEML said in a filing to BSE.

The consolidated income of the company during the April-June period rose to Rs 634.61 crore over Rs 5,78.11 crore in the corresponding quarter of the previous fiscal, the filing said.

BEML Ltd is a diversified company supplying products, services and support to defence and aerospace, mining and construction and rail and metro.

Source: PTI

MORE NEWS

Punjab Invites Korean Firms for Investment

Punjab CM Bhagwant Mann invites Korean firms like Daewoo, GS E&C to invest in Punjab....

Odisha Assembly Passes Appropriation Bill

Odisha assembly passes Rs 17,440 crore appropriation bill for 2025-26. CM Majhi defends...

CTUIL Revokes Grid Access for 6.3 GW RE Projects

CTUIL revoked grid access for 6.3 GW renewable energy projects due to developer delays....

L&T Transfers Realty Business to L&T Realty...

Larsen & Toubro transfers its realty business to L&T Realty Properties Ltd. A phased...

Wakefit IPO Subscribed 15% on Day 1

Wakefit''s Rs 1,289-cr IPO saw 15% subscription on day 1. Retail investors showed...

Apple Fitness+ Launching in 28 New Countries

Apple Fitness+ expands to 28 new countries, including India, on December 15. Enjoy...

MSME Loan Risk: Over-Leveraged Borrowers

Report reveals sharp concentration risk in MSME loan portfolios due to over-leveraged...

Navitas & Cyient: GaN Tech for High-Power India

Navitas Semiconductor and Cyient Semiconductors partner to co-develop gallium nitride...

Abrau-Durso to Produce Wine Beverages in India

Russia''s Abrau-Durso Group plans to produce wine beverages in India with IndoBevs....

GX Group Expands to Latin America with Calculus...

GX Group partners with Calculus Networks to expand broadband business in Latin America....

BEML Net Loss Narrows to Rs 70 Cr in Q1 FY25

You May Like To Read

MORE NEWS