State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) on Friday posted a 3 per cent rise in its consolidated net profit to Rs 504.45 crore in the March quarter compared to a year ago, mainly due to higher revenues from industry business. The company had reported a consolidated net profit of Rs 489.62 crore in the quarter ended on March 31, 2024, it said in a regulatory filing. Total income rose to Rs 9,142.64 crore in the fourth quarter against Rs 8,416.84 crore in the same period a year ago. The revenues from industry business grew to Rs 2,800.96 crore during the quarter from Rs 2,091.98 crore a year ago. The revenues from the power business climbed marginally to Rs 6,192.41 crore in the quarter as compared to Rs 6,168.27 crore a year ago. During the fiscal 2024-25, the consolidated net profit increased to Rs 533.90 crore from Rs 282.22 crore in the previous financial year. Total income in the fiscal advanced to Rs 28,804.79 crore from Rs 24,439.05 crore a year ago.
State-owned engineering firm BHEL on Sunday posted a 19 per cent on-year growth in revenue at Rs 27,350 crore for the fiscal year 2024-25. The company also secured its highest-ever order inflows during the year, amounting to Rs 92,534 crore, a company statement said. With this, BHEL's total order book at the end of FY 202425 stood at Rs 1,95,922 crore, it stated. According to the statement, Bharat Heavy Electricals Ltd (BHEL) registered a revenue of Rs 27,350 crore (provisional and unaudited) for FY 202425, marking a robust growth of around 19 per cent over the previous year. The company stated that in the power sector, BHEL maintained its leadership by winning orders worth Rs 81,349 crore. The industrial segment recorded fresh orders worth Rs 11,185 crore, reflecting the company's diversified presence across sectors such as transportation, defence, process industries, and industrial equipment, it stated. On the execution front, BHEL commissioned/synchronised 8.1 GW of thermal po
BHEL share price fell after the company announced that an arbitration has been initiated against the company for a claim & interest by Ducon Technologies and Ducon Infratechnologies
State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) on Monday posted a consolidated net profit of Rs 106.15 crore in September quarter mainly on the back of higher revenues. The company had reported a consolidated net loss of Rs 63.01 crore in the quarter ended on September 30, 2023, a BSE filing showed. According to the filing, BHEL had reported a loss of Rs 211.40 crore in the quarter ended June 30, 2024. Total income in the second quarter rose to Rs 6,695.37 crore in the period under review, from Rs 5,305.38 crore in the same period a year ago.
A rise in debtor days to 581 in Q2FY24, from an already high 567 days Y-o-Y has led to stresses on the working capital cycle
Net profit of the company stood at Rs 1.85 billion, or Rs 0.50 per share, in July-September period of this year compared with Rs 1.15 billion, or Rs 0.31 a share, in the same period a year ago
Total income in the quarter was Rs 6,782.08 crore compared to Rs 7,089.79 crore a year ago