BHEL loss widens to Rs 343 cr in June quarter PSU Watch
News Updates

BHEL loss widens to Rs 343 cr in June quarter

BHEL has reported the widening of its consolidated net loss to Rs 343.89 crore in the April-June quarter

PTI

New Delhi: State-run engineering firm Bharat Heavy Electricals Ltd (BHEL) on Friday reported the widening of its consolidated net loss to Rs 343.89 crore in the April-June quarter compared to the year-ago period mainly due to higher expenses. The company had reported a consolidated net loss of Rs 187.99 crore in the quarter ended on June 30, 2022, a BSE filing showed.

Also read:BHEL successfully synchronises 660 MW unit of Maitree Super Thermal Power Project in Bangladesh

The total expenses of the company rose to Rs 5,595.47 crore in the quarter from Rs 5,006.50 crore in the same period a year ago. The total income of the company rose to Rs 5,117.20 crore in the quarter from Rs 4,742.28 crore in the same period a year ago.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Also Read

Stock markets tumble in early trade on boiling crude oil prices, weak global trends

Two LNG cargoes en route India as govt moves to bridge 47.4 MMSCMD gas supply disruption

SAIL clocks record sales of 18.24 MT in Apr–Feb FY26; cash collection crosses Rs 1.11 lakh crore

India's Russian oil buy surges 50% amid scramble to replace lost barrels

Monitor LPG supply, prevent hoarding, black marketing of cylinders: Centre to states