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BEML reports 3-fold jump in Q3 net profit

02 Feb 2019 Evaluate

BEML has reported results for third quarter ended December 31, 2018.

The company has reported around 3-fold jump in its net profit at Rs 44.70 crore for the quarter under review as compared to Rs 16.69 crore for the same quarter in the previous year. Total income of the company increased by 26.28% at Rs 929.05 crore for Q3FY19 as compared Rs 735.71 crore for the corresponding quarter previous year.

BEML a leading mining and construction equipment manufacturer has designed and developed indigenously over 40 products through its R&D, and are not only working in India but also in 65 countries around the world.

Peers
Company Name CMP
BEML 1928.60
Action Const. Equip 1138.05
Sanghvi Movers 407.00
TIL 243.90
Brady & Morris Engg. 660.00
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