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 By Rediff Money Desk, New Delhi

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