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Bharat Heavy Electricals reported a 43% year-on-year decline in net profit

SI Reporter Mumbai
Last Updated : May 30 2014 | 8:24 AM IST
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Bharat Heavy Electricals reported a 43% year-on-year decline in net profit for the financial year ended March 2014, a seventh consecutive fall.

Hindalco Industries reported a standalone net profit of Rs 248 crore for the quarter ending March 2014, near half of the Rs 482 crore in the corresponding period of the previous year as a one-time loss of Rs 396 crore on tax issues shrunk net earnings.

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First Published: May 30 2014 | 8:23 AM IST

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