BEML has reported results for first quarter ended June 30, 2015.
The company has reported a net loss of Rs 74.87 crore for the quarter ended June 30, 2015 as compared to net loss Rs 95.53 crore for the same quarter in the previous year. However, the company’s total income has increased by 17.75% to Rs 597.35 crore for the quarter under review from Rs 507.32 crore for the corresponding quarter of the previous year.
BEML, the brand name over a period of five decades, known for its huge Mining & Construction Equipment like Dozers, Excavators, Draglines, Rope Shovels, Pipe Layers etc., has not only maintaining major share in the domestic market, but also has sizeable presence in overseas markets.
