Bharat Heavy Electrical Ltd (BHEL) posted a net profit of Rs 1,403 crore for the third quarter eneded Decemebr 2010, up 30.87 per cent from the previous year's quarter profit at Rs 1,072 crore.
The net sales of the company for the third quarter grew 24.63% at Rs 8,849 crore from Rs 7,100 crore for the same quarter a year ago.
The change in accounting method has led to an increase in sales of Rs 444 crore.
At 12:29 pm, the shares of BHEL were trading up 3.06 per cent at Rs 2,246 on the Bombay Stock Exchange.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app