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BEML reports consolidated net loss of Rs 27 crore in Q2

04 Nov 2019 Evaluate

BEML has reported results for second quarter ended September 30, 2019.

The company has reported a net loss of Rs 25.92 crore for the quarter under review against net profit of Rs 16.89 crore for the same quarter in the previous year. Total income of the company decreased by 5.82% at Rs 695.33 crore for Q2FY20 as compared Rs 738.27 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 27.20 crore for the quarter under review against net profit of Rs 16.63 crore for the same quarter in the previous year. Total income of the company decreased by 5.90% at Rs 694.70 crore for Q2FY20 as compared Rs 738.28 crore for the corresponding quarter previous year.

Peers
Company Name CMP
BEML 1928.60
Action Const. Equip 1137.10
Sanghvi Movers 406.75
TIL 243.90
Brady & Morris Engg. 660.00
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