BHEL’s Profit Skyrockets: September Quarter Success
Bharat Heavy Electricals Ltd (BHEL) announced that its consolidated net profit surged to Rs 374.89 crore in the September quarter. This marks a significant jump from the Rs 106.15 crore reported a year ago. The increase is largely attributed to higher revenues.
- Country:
- India
Bharat Heavy Electricals Ltd (BHEL), a major player in India's state-owned enterprises, revealed an impressive performance in the latest financial quarter, showcasing a significant improvement in its net profit.
According to the company's regulatory filing, BHEL's consolidated net profit soared to Rs 374.89 crore for the September quarter, marking a robust climb compared to a net profit of Rs 106.15 crore reported for the same period in 2024.
This leap in profitability is primarily attributed to a substantial boost in the company's total income, which reached Rs 7,686.41 crore, surpassing last year's same-quarter revenues of Rs 6,695.37 crore.
(With inputs from agencies.)
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