Bharat Heavy Electricals consolidated net profit declines 25.59% in the March 2024 quarter

Sales rise 0.83% to Rs 7883.88 crore

Net profit of Bharat Heavy Electricals declined 25.59% to Rs 489.62 crore in the quarter ended March 2024 as against Rs 658.02 crore during the previous quarter ended March 2023. Sales rose 0.83% to Rs 7883.88 crore in the quarter ended March 2024 as against Rs 7819.37 crore during the previous quarter ended March 2023.

For the full year,net profit declined 56.86% to Rs 282.22 crore in the year ended March 2024 as against Rs 654.12 crore during the previous year ended March 2023. Sales rose 3.54% to Rs 22920.52 crore in the year ended March 2024 as against Rs 22136.30 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales7883.887819.37 1 22920.5222136.30 4 OPM %9.2313.42 -2.674.30 - PBDT704.721012.43 -30 491.56975.95 -50 PBT636.32939.86 -32 242.66715.61 -66 NP489.62658.02 -26 282.22654.12 -57

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