BHEL Reports Rs 106 Cr Net Profit in Q2 on Higher Revenue

Oct 28, 2024 15:20

BHEL announced a consolidated net profit of Rs 106.15 crore in the September quarter, driven by increased revenue. The company had reported a net loss in the previous quarter.

New Delhi, Oct 28 (PTI) State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) on Monday posted a consolidated net profit of Rs 106.15 crore in September quarter mainly on the back of higher revenues.

The company had reported a consolidated net loss of Rs 63.01 crore in the quarter ended on September 30, 2023, a BSE filing showed.

According to the filing, BHEL had reported a loss of Rs 211.40 crore in the quarter ended June 30, 2024.

Total income in the second quarter rose to Rs 6,695.37 crore in the period under review, from Rs 5,305.38 crore in the same period a year ago.

Source: PTI

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BHEL Reports Rs 106 Cr Net Profit in Q2 on Higher Revenue

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