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BEML posts Q4 net profit at Rs 187 cr

Press Trust of India  |  New Delhi 

State-run BEML has today posted a flat standalone profit of Rs 187.6 crore for the quarter ended March 2018.

The company had posted a standalone profit of Rs 186.4 crore in the year-ago period, BEML said in a BSE filing.

The company's standalone income during January-March quarter declined to Rs 1,264.41 crore, over Rs 1,345.67 crore in the year-ago period.

Total expenses of the company dropped to Rs 1,042.37 crore, over Rs 1,145.42 crore in the year-ago period.

--formerly known as Ltd-- operates under three major business verticals viz, and construction, defence and rail and metro.

The three verticals are serviced by nine manufacturing units located at Bengaluru, Fields (KGF), Mysore, Palakkad and Subsidiary - Vignyan Industries Ltd, in district.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 25 2018. 17:10 IST
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