Sunday, December 07, 2025 | 06:30 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

BHEL Q2 profit soars, but lags forecast

Image

Reuters

(Reuters) - State-run power plant equipment manufacturer Bharat Heavy Electricals Ltd posted on Thursday a 60 percent surge in second-quarter profit, but missed analysts' estimates.

Net profit came in at 1.85 billion rupees ($25.25 million) in the quarter ended Sept. 30, compared with 1.15 billion rupees a year earlier, BHEL said.

Analysts on average had expected the company to post a profit of 2.36 billion rupees, according to Refinitiv estimates.

Total revenue from operations rose 6.3 percent to 67.80 billion rupees.

($1 = 73.2650 rupees)

(Reporting by Tanvi Mehta in Bengaluru, Editing by Sherry Jacob-Phillips)

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 25 2018 | 11:55 AM IST

Explore News