BHEL net up on non-power projects

The PSU had delivered a Rs 1,085 cr loss in the same quarter a year ago

State-owned EPC (engineering, procurement & construction) major BHEL on Tuesday reported a Rs 93.54-crore profit for the quarter ended December 31, against a loss of Rs 1,084.96 crore in the corresponding period a year ago. This was the third quarter in a row when the company reported profit. Projects from non-power sectors such as the railways and defence helped BHEL keep up the good show.
 
Total income increased 17 per cent to Rs 6,461.22 crore in the December quarter. BHEL, in a statement said, in the first nine months of the financial year, the company saw its turnover grow