Home / Business / Money / BHEL Q3 profit slips 69% to Rs 212.6 cr, revenue falls 28%

BHEL Q3 profit slips 69% to Rs 212.6 cr, revenue falls 28%

Bharat Heavy Electricals (BHEL) has disappointed street on Thursday with the third quarter net profit falling 69.4 percent year-on-year to Rs 212.6 crore, dented by lower revenue and operating income.

BHEL Q3 profit slips 69% to Rs 212.6 cr, revenue falls 28%

The News International Team

Bharat Heavy Electricals  (BHEL) has disappointed street on Thursday with the third quarter net profit falling 69.4 percent year-on-year to Rs 212.6 crore, dented by lower revenue and operating income.

Net sales dropped 28.2 percent to Rs 6,078 crore during October-December quarter from Rs 8,462.4 crore in the year-ago period.

More to come…

Leave a Reply

x

Check Also

Rupee recovers 6 paise to 67.01

The rupee today recovered some lost ground by rising 6 paise to ...

Notes ban to have positive impact on economy

NEW DELHI: The government’s demonetisation move has led to widespread adoption of ...