BHEL Reports Rs 106 Cr Net Profit in Q2 on Higher Revenue
By Rediff Money Desk, New Delhi 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.
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
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 8.25 (+ 7.56)
- 69420086
- GTL Infrastructure
- 1.96 ( -1.01)
- 47792089
- Srestha Finvest
- 0.63 ( -4.55)
- 39336100
- YES Bank Ltd.
- 20.56 (+ 5.98)
- 31525072
- G G Engineering
- 2.06 ( -3.29)
- 29768305
MORE NEWS
Dr Reddy's Launches New Drug for Chronic...
Dr Reddy's Laboratories has launched BixiBat, a first-in-class drug for chronic...
Goyal's China Blockage Chat with German Vice...
Commerce Minister Piyush Goyal's conversation with German Vice Chancellor Robert Habeck...
Indian Fragrance Firm Targets Growth in Middle...
Sacheerome, an Indian fragrance and flavor company, aims to achieve 30-40% annual...