BHEL’s Q1 net registers growth of 22%

Bharat Heavy Electricals (BHEL), the state-run power equipment major has reported results for the quarter ended June 30, 2011.

The company ‘s net profit for the quarter  has increased by 22.15% at Rs 815.51 crore as compared to Rs 667.65 crore for the quarter ended June 30, 2010. Its total income has increased by 11.17% at Rs 7520.11 crore for the quarter from Rs 6764.49 crore for the Q1FY11.

Bharat Heavy Electricals (BHEL) established in the mid fifties is the largest engineering and manufacturing enterprise in India in the energy-related/infrastructure sector, today. BHEL's operations are organised around three business sectors, namely Power, Industry - including Transmission, Transportation, Telecommunication & Renewable Energy - and Overseas Business. This enables BHEL to have a strong customer orientation, to be sensitive to his needs and respond quickly to the changes in the market.