Bhel’s first quarter net profit up 41.84 percent
July 23rd, 2010 - 6:08 pm ICT by IANSNew Delhi, July 23 (IANS) State-run Bharat Heavy Electricals Limited (BHEL) registered a 41.84 percent rise in its net profit at Rs 667.66 crore on increased net sales in the first quarter of this fiscal as against Rs.470.69 crore in the like period of 2009-10.
The power equipment major declared its results during trading hours Friday.
Its income from operatiosn stood at Rs.6,761.23 crore compared to Rs.5,799.59 crore in in the corresponding period last year.
The net sales of the company also grew by 15.79 percent to Rs.6,479.69 crore from Rs. 5,595.65 crore in the like period of the previous year.
BHEL’s total expenditure for the first quarter also grew and stood at Rs. 5,762.91 crore as compared to Rs. 5,175.56 crore from the corresponding period last year.
Income from other business activities of the company registered a 28.02 percent fall at Rs. 163.45 crore to Rs.227.09 crore.
The company’s order book as on end of June was at Rs.148,000 crore, which is 4.50 times its net sales of Rs.32,880.30 crore for the year ended March 2010, giving strong revenue visibility.
- Tata Motors third quarter net profit up 40.47 percent - Feb 14, 2012
- TVS Motor's third quarter net profit up 1.39 percent - Jan 31, 2012
- GAIL's second quarter net up 18.50 percent - Oct 24, 2011
- Ashok Leyland's Q4 profit up 33.33 percent - May 20, 2011
- Carborundum Universal Q2 net profit grows 55 percent - Oct 27, 2010
- Bajaj Auto's Q3 net profit zooms 19 percent - Jan 19, 2012
- Indian Oil Corporation's Q3 net profit up 52.2 percent - Feb 13, 2012
- Audi's half-yearly sales up 100 percent - Jul 05, 2011
- Hindustan Unilever's third quarter net profit up 18 percent - Feb 06, 2012
- Larsen and Toubro's third quarter net profit up 18 percent - Jan 23, 2012
- BHEL Q2 net profit rises 33 percent - Oct 29, 2010
- HDFC Bank Q4 profit up 30 percent - Apr 18, 2012
- ITC's second quarter net up 21.46 percent - Oct 24, 2011
- Hero MotoCorp's fourth quarter net up 20 percent - May 02, 2012
- HDFC quarterly net profit up 20 percent - Oct 17, 2011
Tags: 163, bhel, business activities, crore, net profit, net sales, New Delhi, previous year, rs 6, visibility