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Home News Power Sector News BHEL records 858 crore net profit in second quarter

BHEL records 858 crore net profit in second quarter

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BHELState-run heavy electrical equipment maker Bharat Heavy Electricals Ltd (BHEL) has posted a 39 percent increase in net profit for the quarter ended Sep 30 at Rs.858 crore, compared to Rs.616 crore in the corresponding quarter last fiscal.The company’s total income increased from Rs.5,650 crore for the quarter ended Sep 30, 2008 to Rs. 6,923 crore, the company said in a regulatory statement.

It posted a net profit of Rs.616 crore during the three-month period ended September, with net sales increasing to Rs.6,625 crore in the quarter under review year from Rs.5,342.63 crore a year ago.

At the end of the July-September quarter, BHEL had an outstanding order book position of about Rs.125,800 crore, it said in the statement.

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