BHEL Q2 net dips 10% at Rs615 cr

BHEL Q2 net dips 10% at Rs615 cr


Mumbai: State-run Bharat Heavy Electricals today said its net profit dipped 10.45% to Rs615.77 crore for the second quarter ended 30 September, from the same period last fiscal.

The total income rose to Rs5,649.84 crore in the quarter under review, from Rs4,466.25 crore in the same period last year, BHEL said in a filing to the Bombay Stock Exchange.

For the half-year ended 30 September, BHEL reported a net profit of Rs1,000.18 crore, a 2.42% growth over the year-ago period

In the first half of current fiscal BHEL’s income from operations rose to Rs10,501.83 crore, from Rs8,008.88 crore in the year-ago period.

Shares of BHEL were trading at Rs1,081, down 7.63% on the BSE.