BHEL reports consolidated net loss of Rs 238 cr in Sept qtr
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.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
