Bharat Heavy Electricals (BHEL) has reported results for its third quarter ended December 31, 2011.
The company has posted a marginal rise of 2.09% in its net profit of Rs 1432.61 crore for the quarter ended December 31, 2011 as compared to Rs 1403.23 crore for the same quarter in the previous year. Total income has increased by 19.21% from Rs 9176.26 crore for Q3FY11 to Rs 10939.10 crore in the quarter under review.
During the quarter under review, the company's staff cost declined to Rs 1,337.68 crore from Rs 1,348.66 crore in the like period a year ago.