You are here: Home » Companies » Results
Business Standard

BEML Q2 net loss narrows to Rs 17 cr

Total income from operations declined to Rs 453.5 cr in the quarter under review, over Rs 676.4 cr in the July-Sept quarter of previous financial year

Press Trust of India  |  New Delhi 

Have the banking sector's losses bottomed out?

State-run BEML's standalone net loss narrowed to Rs 16.6 crore for the second quarter ended September 30, 2016, against that of Rs 24.6 crore in the corresponding quarter of the previous financial year.

Total income from operations declined to Rs 453.5 crore in the quarter under review, over Rs 676.4 crore in the July-September quarter of previous financial year, said in a filing.

Total expenses dropped to Rs 486.6 crore in July-September, over Rs 697.3 crore in the year-ago period.

serves country's core sectors like defence, rail, power, mining and infrastructure. Its three major business verticals viz, mining and construction, defence, rail and metro are serviced by its nine manufacturing units.

BEML's products are exported to more than 56 countries. As part of company's globalisation strategy, the company has expanded its global reach by opening local company at Indonesia and in addition to and offices.

RECOMMENDED FOR YOU

BEML Q2 net loss narrows to Rs 17 cr

Total income from operations declined to Rs 453.5 cr in the quarter under review, over Rs 676.4 cr in the July-Sept quarter of previous financial year

Total income from operations declined to Rs 453.5 cr in the quarter under review, over Rs 676.4 cr in the July-Sept quarter of previous financial year
State-run BEML's standalone net loss narrowed to Rs 16.6 crore for the second quarter ended September 30, 2016, against that of Rs 24.6 crore in the corresponding quarter of the previous financial year.

Total income from operations declined to Rs 453.5 crore in the quarter under review, over Rs 676.4 crore in the July-September quarter of previous financial year, said in a filing.

Total expenses dropped to Rs 486.6 crore in July-September, over Rs 697.3 crore in the year-ago period.

serves country's core sectors like defence, rail, power, mining and infrastructure. Its three major business verticals viz, mining and construction, defence, rail and metro are serviced by its nine manufacturing units.

BEML's products are exported to more than 56 countries. As part of company's globalisation strategy, the company has expanded its global reach by opening local company at Indonesia and in addition to and offices.
image
Business Standard
177 22

BEML Q2 net loss narrows to Rs 17 cr

Total income from operations declined to Rs 453.5 cr in the quarter under review, over Rs 676.4 cr in the July-Sept quarter of previous financial year

State-run BEML's standalone net loss narrowed to Rs 16.6 crore for the second quarter ended September 30, 2016, against that of Rs 24.6 crore in the corresponding quarter of the previous financial year.

Total income from operations declined to Rs 453.5 crore in the quarter under review, over Rs 676.4 crore in the July-September quarter of previous financial year, said in a filing.

Total expenses dropped to Rs 486.6 crore in July-September, over Rs 697.3 crore in the year-ago period.

serves country's core sectors like defence, rail, power, mining and infrastructure. Its three major business verticals viz, mining and construction, defence, rail and metro are serviced by its nine manufacturing units.

BEML's products are exported to more than 56 countries. As part of company's globalisation strategy, the company has expanded its global reach by opening local company at Indonesia and in addition to and offices.

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard