Bharat Heavy Electricals (BHEL) has reported results for third quarter ended December 31, 2015.
The company has reported a net loss of Rs 1101.99 crore for the quarter ended December 31, 2015 as compared to net profit of Rs 212.60 crore for the same quarter in the previous year. The company’s total income has decreased by 15.08% to Rs 5496.13 crore for the quarter under review from Rs 6472.06 crore for the corresponding quarter of the previous year.
BHEL is the largest engineering and manufacturing organization of its kind in the country. It is also among the world's few integrated power plant equipment manufacturers with the capability to manufacture the entire range / type of power equipment and also to undertake projects on EPC basis.
