Earnings | Bharat Heavy Electricals Ltd (NSE: BHEL): Q4FY23 Results Out; Total Income rises 2% YoY.

Bharat Heavy Electricals Ltd is a leading integrated power plant equipment manufacturer in India. The company is involved in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of a diverse range of products and services for key sectors of the economy. BHEL’s offerings cater to sectors such as power, transmission, industry, transportation, renewable energy, oil & gas, and defense. As the flagship engineering and manufacturing company of India, BHEL is owned and controlled by the Government of India. With its expertise and comprehensive portfolio, BHEL plays a vital role in supporting the country’s infrastructure development and ensuring the availability of essential equipment and services.

• Bharat Heavy Electricals Ltd Reported Total Income for Q4 FY23 of ₹8,338 Crore up from ₹8,181 Crore year on year, a growth of 2%.
• Total Expenses for Q4 FY23 of ₹ 7,474 Crore up from ₹7,091 Crore year on year, a growth of 5%.
• Consolidated Net Profit of ₹611 Crore, down 33% from ₹912 Crore in the same quarter of the previous year. 
• The Earnings per Share is ₹1.75, down 33% from ₹2.62 in the same quarter of the previous year.