BackBHEL Q3 profit surges 25% but misses estimates
Net profit came in at ₹192 crore compared with ₹153 crore a year agoTotal revenue from operations stood at ₹7,336 crore during the third quarter
PremiumNew Delhi: State-run power plant equipment manufacturer Bharat Heavy Electricals Ltd posted a 25.3% rise in third-quarter profit on Tuesday but missed analysts' estimates. Net profit came in at ₹192 crore ($26.78 million), compared with ₹153 crore a year ago, the company said.
Analysts on average had expected BHEL to post a profit of ₹254 crore, according to Refinitiv data.
Total revenue from operations stood at ₹7,336 crore during the third quarte, the New Delhi-headquartered company said.
This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.
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