BHEL reports 54% jump in Q1 net profit

Bharat Heavy Electricals Ltd. | Engineering - Industrial Equipments | Capital Goods & Industrial Consumables | BSE: 500103 | NSE: BHEL

07 Sep 2016 Evaluate

Bharat Heavy Electricals (BHEL) has reported results for first quarter ended June 30, 2016.

The company has reported 54.21% rise in its net profit at Rs 77.77 crore for the quarter ended June 30, 2016 as compared to Rs 50.43 crore for the same quarter in the previous year. The company’s total income increased by 20.84% to Rs 5871.78 crore for the quarter under review from Rs 4858.95 crore for the corresponding quarter of the previous year.

BHEL is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.

Peers

Company Name	CMP
Bharat Heavy Elect.	434.00
Thermax	3550.45
Kirloskar Industries	3695.90
Skipper	565.95
INDO-MIM	1057.85
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