Bharat Heavy Electricals (BHEL) has reported results for fourth quarter and year ended March 31, 2019.
The company has reported a rise of 49.33% in its net profit at Rs 682.70 crore for the quarter under review as compared to Rs 457.17 crore for the same quarter in the previous year. Total income of the company marginally increased by 0.65% at Rs 10,418.03 crore for Q4FY19 as compared Rs 10,351.07 crore for the corresponding quarter previous year.
For the year ended March 31, 2019, the company has reported a rise of 50.68% in its net profit at Rs 1,215.39 crore as compared to Rs 806.60 crore for the previous year. Total income of the company increased by 5.15% at Rs 31,026.59 crore for year under review as compared to Rs 29,507.28 crore for year ended March 31, 2018.
For the year ended March 31, 2019, on the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 1,009.16 crore as compared to Rs 438.19 crore for the previous year. Total income of the company increased by 5.16% at Rs 31,029.17 crore for year under review as compared to Rs 29,506.72 crore for year ended March 31, 2018.
