BEML Q4 results: Consolidated PAT climbs 18% to ₹158 crore; PSU declares 50% dividend
Ministry of Defence-backed BEML posted double-digit growth in PAT, however, revenue declined sharply. EBITDA and margins also improved in the quarter.
The share price of BEML ended on a positive note after Q4 results.
Indian public sector undertaking, BEML reported 18.2% growth in consolidated net profit to ₹157.7 crore in the fourth quarter for FY23, as against ₹133 crore in the same quarter a year ago. The PSU has also declared up to 50% dividends for its shareholders.
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