Mumbai: State-owned engineering company Bharat Heavy Electricals Ltd (BHEL) announced a consolidated net loss of Rs 238.12 crore for the September quarter of the fiscal year 2023-24.
According to a filing with the Bombay Stock Exchange (BSE), the company had recorded a profit of Rs 12.10 crore during the same period in the previous year.
The total revenue for the quarter decreased to Rs 5,305.38 crore compared to Rs 5,418.74 crore in the corresponding period of the previous year.
The company also reported a consolidated net loss of Rs 343.89 crore for the April-June period of this fiscal year.
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