BHEL Shares Surge 5% on Q3 Profit Jump
BHEL shares surged nearly 5% after the state-owned engineering firm reported a more than doubling of its consolidated net profit for the December quarter.
New Delhi, Jan 29 (PTI) Shares of state-owned engineering firm BHEL jumped nearly 5 per cent on Wednesday after it posted over two-fold jump in consolidated net profit for December quarter 2024-25.
The stock rallied 4.74 per cent to Rs 196.50 on the BSE.
At the NSE, it surged 4.72 per cent to Rs 196.49.
BHEL on Tuesday posted over two-fold jump in consolidated net profit at Rs 134.70 crore for December quarter 2024-25 mainly on the back of higher revenues.
The company had logged a profit of Rs 60.31 crore in the quarter ended December 31, 2023, a BSE filing said.
Total income rose to Rs 7,385 crore in the quarter from Rs 5,599.63 crore in the same period a year ago.
The stock rallied 4.74 per cent to Rs 196.50 on the BSE.
At the NSE, it surged 4.72 per cent to Rs 196.49.
BHEL on Tuesday posted over two-fold jump in consolidated net profit at Rs 134.70 crore for December quarter 2024-25 mainly on the back of higher revenues.
The company had logged a profit of Rs 60.31 crore in the quarter ended December 31, 2023, a BSE filing said.
Total income rose to Rs 7,385 crore in the quarter from Rs 5,599.63 crore in the same period a year ago.
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