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Bharat Heavy Electricals Ltd Q1FY24; 7% rise in Revenue.

Bharat Heavy Electricals Ltd is an integrated power plant equipment manufacturer engaged in design, engineering, manufacture, erection, testing, commissioning and servicing of a wide range of products and services for the core sectors of the economy, viz. Power, transmission, Industry, transportation, renewable energy, Oil & Gas and defence. It is the flagship engineering and manufacturing company of India owned and controlled by the Govt. of India.

Financial Results:

Bharat Heavy Electricals Ltd reported Revenues for Q1FY24 of ₹5,003.00 Crores up from ₹4,672.00 Crore year on year, a rise of 7.08%.

Total Expenses for Q1FY24 of ₹5,596.00 Crores up from ₹5,007.00 Crores year on year, a rise of 11.76%.

Consolidated Net Profit of -₹344.00 Crores from -₹188.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.99, from -₹0.54 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Energy
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