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Bharat Heavy Electricals Ltd Q2FY24; 1% fall 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 Q2FY24 of ₹5,125.00 Crores down from ₹5,203.00 Crore year on year, a fall of 1.5%.

Total Expenses for Q2FY24 of ₹5,753.00 Crores up from ₹5,628.00 Crores year on year, a rise of 2.22%.

Consolidated Net Profit of -₹238.00 Crores from ₹12.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.68, from ₹0.03 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.

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