BEML has reported results for second quarter ended September 30, 2016.
The company has reported a net loss of Rs 16.60 crore for the quarter under review as compared to a net loss of Rs 24.62 crore for the same quarter in the previous year. Total income of the company decreased by 32.43% at Rs 462.31 crore for the quarter under review as compared Rs 684.21 crore for the corresponding quarter 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.
