BHEL swings to ₹376.71 cr net profit in June quarter
AI Summary
BHEL reported a consolidated net profit of ₹376.71 crore for the June quarter, a significant turnaround from a loss of ₹455.50 crore in the same period last year. The company's total income increased to ₹7,911.86 crore, driven primarily by growth in the power segment, which contributed ₹5,919.50 crore to revenues.
State-owned BHEL on Thursday posted a consolidated net profit of ₹376.71 crore in the June quarter, supported by increased income.
It had clocked a loss of ₹455.50 crore in the corresponding first quarter of the preceding 2025-26 fiscal, the company said in an exchange filing.
During April-June, the company's total income rose to ₹7,911.86 crore from ₹5,658.07 crore in the year-ago period.
In Q1FY27, BHEL expenses stood at ₹7,415.62 crore as against ₹6,269.78 crore in the same quarter a year ago.
The major share of revenues (₹5,919.50 crore) came in from the power segment, higher from ₹3,898.86 crore a year ago.
BHEL is one of the largest engineering and manufacturing companies of its kind in India engaged in design, engineering, construction, testing, commissioning and servicing of a wide range of products and services with over 180 product offerings to meet the ever-growing needs of the core sectors of the economy.
Original Article
Published on Hindu BusinessLine