BEML reports over two-fold jump in Q3 net profit

BEML Ltd. | Construction Vehicles | Capital Goods & Industrial Consumables | BSE: 500048 | NSE: BEML

14 Feb 2017 Evaluate

BEML has reported results for third quarter ended December 31, 2016.

The company has reported over two-fold jump in its net profit at Rs 21.74 crore for the quarter under review as compared to Rs 9.73 crore for the same quarter in the previous year. However, total income of the company decreased by 13.50% at Rs 738.17 crore for the quarter under review as compared Rs 853.41 crore for the corresponding quarter previous year.

BEML is a manufacturer of mining and construction equipments in India. It deals in three product segments comprising mining and construction equipments, defense products and railway & metro products.

Peers

Company Name	CMP
BEML	1940.85
Action Const. Equip	1130.55
Sanghvi Movers	401.50
TIL	243.60
Brady & Morris Engg.	670.80
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