BHEL reports ₹149 crore net loss in Q3

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BHEL reports ₹149 crore net loss in Q3


State-owned BHEL on Tuesday posted a consolidated net loss of ₹148.77 crore for the third quarter ended December 2023, impacted by increased bills.

It had posted a net revenue of ₹42.28 crore in the October-December interval of the previous 2022-23 monetary 12 months, the corporate stated in an trade submitting.

The firm’s whole earnings rose to ₹5,599.63 crore from ₹5,353.94 crore a 12 months in the past.

Its bills elevated to ₹5,816.87 crore from ₹5,320.84 crore in the third quarter of the final fiscal.

BHEL is likely one of the largest engineering and manufacturing firms, engaged in design, engineering, building, testing, commissioning and servicing a variety of services.



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