BHEL Q1 net profit up 43% to Rs667.7 crore
Moneylife Digital Team 23 July 2010

State-run Bharat Heavy Electricals Ltd (BHEL) reported a 43% jump in its first quarter net profit to Rs667.7 crore compared to Rs470.6 crore for the same quarter last year.

During the quarter to end-June, BHEL's total revenues increased to Rs6,764.5 crore from Rs5,898.5 crore a year ago. The company said it has an outstanding order book position of about Rs14,8000 crore at the end of the June 2010 quarter.

On Friday, BHEL shares ended 1.7% up at Rs2,460 on the Bombay Stock Exchange, while the Sensex closed 0.1% higher at 18,130 points.
 

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