BHEL Q1 net loss widens to Rs 211.4 crore PSU Watch
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BHEL Q1 net loss widens to Rs 211.4 crore

BHEL reported the widening of its consolidated net loss to Rs 211.40 crore for the June quarter, on account of higher expenses

PTI

New Delhi: State-owned Bharat Heavy Electricals Limited (BHEL) on Wednesday reported the widening of its consolidated net loss to Rs 211.40 crore for the June quarter, on account of higher expenses.

It had clocked Rs 204.70 crore loss for the April-June period of the preceding 2023-24 fiscal, the company said in an exchange filing.

Also read:BHEL bags Rs 10,000 crore thermal project from DVC

The company's total income rose to Rs 5,581.78 crore from Rs 5,117.20 crore in the year-ago quarter.

Expenses stood at Rs 5,874.98 crore as against Rs 5,409.47 crore a year ago.

Bharat Heavy Electricals Ltd (BHEL) is one of the largest engineering and manufacturing companies in India.

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