BHEL Loss Widens to Rs 893.14 crore in June Quarter, Lockdown Hits Operations
4 years, 3 months ago

BHEL Loss Widens to Rs 893.14 crore in June Quarter, Lockdown Hits Operations

News 18  

New Delhi: State-run engineering firm BHEL’s consolidated net loss widened to Rs 893.14 crore for the quarter ended June as coronavirus-induced lockdown had an adverse impact on its operations. The consolidated net loss of the company was at Rs 218.93 crore in the quarter ended June 30, 2019, Bharat Heavy Electricals Limited said in a regulatory filing. According to the statement, total income of the company stood at Rs 2,086.43 crore in the June quarter this year. The company has assessed the impact of pandemic on its financial results/position based on the internal and external information available up to the date of approval of these financial results and expects to recover the carrying value of its assets, investments, trade receivables, contract assets & inventories, the statement said.

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History of this topic

BHEL share price today jumps nearly 9% to hit a 52-week high. Here's why
7 months, 3 weeks ago

BHEL share price today jumps nearly 9% to hit a 52-week high. Here's why

Hindustan Times  

BHEL share price: Shares of Bharat Heavy Electricals rose as much as 9 per cent to hit their fresh 52-week high today. It then jumped 8.7 per cent to hit its fresh 52-week high of ₹318.15 and traded 6.80 per cent higher at ₹312.55 apiece at around 10.15am. BHEL share price has gained since April 30 when the company announced …

Are BHEL investors overlooking concerns?
1 year, 1 month ago

Are BHEL investors overlooking concerns?

Live Mint  

MUMBAI : The Bharat Heavy Electricals Ltd stock has zoomed 77% so far in 2023. But in the case of BHEL, a robust order inflow outlook mainly for its thermal power segment, is fuelling optimism among investors. As of September end, BHEL’s working capital ballooned to ₹4,382 crore from ₹1,210 crore at March end. 3x800MW NTPC Patratu have back-ended payment …

Why BHEL shares gained 7% today— Explained
1 year, 1 month ago

Why BHEL shares gained 7% today— Explained

Live Mint  

BHEL Share Price Today: Shares of Bharat Heavy Electricals gained seven per cent on Monday, November 13, after the company announced its July-September quarter results for fiscal 2023-24 last week, reporting a net loss of ₹238 crore, compared to a net profit of ₹12.10 crore in the corresponding period last year. The state-owned engineering firm's revenue from operations in the …

BHEL Q1 results: Consolidated net loss widens by 83% YoY to ₹343.9 crore
1 year, 4 months ago

BHEL Q1 results: Consolidated net loss widens by 83% YoY to ₹343.9 crore

Live Mint  

BHEL Q1 results: Bharat Heavy Electricals Limited reported a consolidated net loss of ₹343.9 crore in the June quarter against ₹188 crore in June quarter FY23. The company's revenue rose by 7.1% to ₹5,003.4 crore in Q1FY24 against ₹4,672 crore in Q1FY23. The company revenue rose by 7% to ₹5,003.4 crore in Q1FY24. Further division of the company revenue shows …

BHEL Q3 Earnings: Net profit grew by 56%, revenue lags marginally in Q3
1 year, 10 months ago

BHEL Q3 Earnings: Net profit grew by 56%, revenue lags marginally in Q3

Live Mint  

Bharat Heavy Electricals Limited is a Maharatna CPSE having a market cap of ₹26,237.35 Cr. The company has declared its Q3 earnings today and Bharat Heavy Electricals' consolidated net profit increased by 56.48% year on year to ₹42.28 crore in Q3 FY23 from ₹27.02 crore in Q3 FY22. The consolidated EPS of BHEL reached ₹0.12 in Q3FY23 against ₹0.08 in …

BHEL reports net profit of ₹10.3 cr in Q2FY23, power biz sales healthy
2 years, 1 month ago

BHEL reports net profit of ₹10.3 cr in Q2FY23, power biz sales healthy

Live Mint  

Leading government-owned power generation equipment manufacturer, Bharat Heavy Electricals reported a standalone net profit of ₹10.29 crore for the quarter ending September 30, 2022 period. During the quarter, sales stood around ₹4,927.95 crore in Q2FY23 versus ₹4,910.62 crore in Q2FY22 and ₹4,449.49 crore in Q1FY23. For the sixth month period of FY23, on a standalone basis, BHEL's overall net loss …

Centre Likely to Sell Stakes in BHEL and Two Others
3 years, 10 months ago

Centre Likely to Sell Stakes in BHEL and Two Others

News 18  

The central government is likely to consider Bharat Heavy Electricals Ltd, Mecon Ltd and Andrew Yule and Co. Ltd for the next round of disinvestment. The main agenda behind the stake sales in the three companies is to raise funds via asset sales for the next fiscal and overcome the tepid progress made so far this year. Reports on the …

BHEL Reports Rs 552 Crore Consolidated Loss in September Quarter on Lower Revenues
4 years, 1 month ago

BHEL Reports Rs 552 Crore Consolidated Loss in September Quarter on Lower Revenues

News 18  

State-owned engineering firm BHEL on Friday reported a consolidated net loss of Rs 552.38 crore in the September quarter, mainly due to lower revenues. The company had a consolidated net profit of Rs 120.95 crore in the quarter ended on September 30, 2019, according to a BSE filing. Total income declined to Rs 3,793.13 crore in the latest September quarter …

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