BHEL’s Q1 PAT dips 58.4% at Rs 193.5 cr
12/08/2014 18:09
Government-owned power plant equipment manufacturer Bharat Heavy Electricals Ltd on Tuesday reported a decline of 58.4 per cent in its standalone net profit after taxes (PAT) at Rs 193.5 crore for the first quarter ended June 30, 2014, on the back of lower revenues and weak operational performance.
“The standalone PAT of the company stood at Rs 465.43 crore during the same period a year ago,” said Bharat Heavy Electricals Ltd in a filing to the Bombay Stock Exchange on August 12, 2014.
Further, the standalone total income of the company decreased by 21.4 per cent to Rs 5,502.76 crore during Q1 2014-15, as compared to Rs 6,996.6 crore during the same period last year.
Meanwhile, shares of the company closed at Rs 223.70 a piece, up 0.79 per cent, from previous close on BSE.
12/08/2014 18:09
Government-owned power plant equipment manufacturer Bharat Heavy Electricals Ltd on Tuesday reported a decline of 58.4 per cent in its standalone net profit after taxes (PAT) at Rs 193.5 crore for the first quarter ended June 30, 2014, on the back of lower revenues and weak operational performance.
“The standalone PAT of the company stood at Rs 465.43 crore during the same period a year ago,” said Bharat Heavy Electricals Ltd in a filing to the Bombay Stock Exchange on August 12, 2014.
Further, the standalone total income of the company decreased by 21.4 per cent to Rs 5,502.76 crore during Q1 2014-15, as compared to Rs 6,996.6 crore during the same period last year.
Meanwhile, shares of the company closed at Rs 223.70 a piece, up 0.79 per cent, from previous close on BSE.
