BHEL reports 3-fold jump in net profit to Rs 390 crore in Q3 
News Updates

BHEL reports 3-fold jump in net profit to Rs 390 crore in Q3

BHEL on Monday posted a three-fold jump in consolidated net profit to Rs 390.40 crore for the December quarter, mainly due to increased revenues from key sectors

PTI

New Delhi: Bharat Heavy Electricals Limited (BHEL) on Monday posted a three-fold jump in consolidated net profit to Rs 390.40 crore for the December quarter, mainly due to increased revenues from key sectors.

The company had clocked a net profit of Rs 134.70 crore in the October-December period of the preceding 2024-25 fiscal, as per an exchange filing.

PSU Watch is now on Whatsapp Channels. Click here to join

BHEL's total income rose 18 percent to Rs 8,691.85 crore during the third quarter from Rs 7,385 crore in the year-ago period.

From the power segment, the company earned a revenue of Rs 6,322.36 crore compared to Rs 5,588.45 crore a year ago.

BHEL achieved a revenue of Rs 2,150.74 crore in October-December, up from Rs 1,688.64 crore in the year-ago period.

Under the Ministry of Heavy Industries, BHEL is India's largest engineering and manufacturing enterprise in the energy and infrastructure sectors.

(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.)

ONGC, MOL deepen maritime logistics tie as ethane shipping JVs move forward

RBI purchased $7.4 billion in spot market in Feb, says bulletin

West Asia conflict, supply chain disruptions may create challenges to economy: RBI bulletin

NHAI constructs 12-km bypass connecting Delhi-Dehradun Economic Corridor

Maharashtra Govt signs MoU for 3 pumped storage projects in Sindhudurg-Kolhapur