Bharat Heavy Electricals net profit up 39 percent
October 23rd, 2009 - 6:50 pm ICT by IANS ( Leave a comment )Mumbai, Oct 23 (IANS) State-run heavy electrical equipment maker Bharat Heavy Electricals Ltd (BHEL) has posted a 39 percent increase in net profit for the quarter ended Sep 30 at Rs.858 crore, compared to Rs.616 crore in the corresponding quarter last fiscal.
The company’s total income increased from Rs.5,650 crore for the quarter ended Sep 30, 2008 to Rs. 6,923 crore, the company said in a regulatory statement.
It posted a net profit of Rs.616 crore during the three-month period ended September, with net sales increasing to Rs.6,625 crore in the quarter under review year from Rs.5,342.63 crore a year ago.
At the end of the July-September quarter, BHEL had an outstanding order book position of about Rs.125,800 crore, it said in the statement.
–Indo-Asian News service
ash/ank/jg
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