BHEL reports Rs 219 cr loss for June quarter
- Country:
- India
State-owned BHEL on Friday reported a consolidated net loss of Rs 218.93 crore for June quarter 2019-20 mainly due to lower revenues. The company had reported a profit of Rs 39.98 crore in the year-ago period, a BSE filing said.
Total income of the company came down to Rs 4,673.38 crore in June quarter from Rs 6,116.21 crore a year earlier. Revenue from power segment declined to Rs 3,491.54 crore in the quarter under review from Rs 4,636.18 crore in the year-ago period.
Industry segment revenue dipped to Rs 919.55 crore from Rs 1,160.52 crore a year ago.
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