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BEML reports 91% fall in Q3 consolidated net profit

11 Feb 2020 Evaluate

BEML has reported results for third quarter ended December 31, 2019.

The company has reported a fall of 89.22% in its net profit at Rs 4.82 crore for the quarter under review as compared to Rs 44.70 crore for the same quarter in the previous year. Total income of the company decreased by 24.67% at Rs 699.88 crore for Q3FY20 as compared Rs 929.05 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 90.82% in its net profit at Rs 4.24 crore for the quarter under review as compared to Rs 46.20 crore for the same quarter in the previous year. Total income of the company decreased by 24.50% at Rs 699.15 crore for Q3FY20 as compared Rs 926.05 crore for the corresponding quarter previous year.

Peers
Company Name CMP
BEML 1934.30
Action Const. Equip 1138.05
Sanghvi Movers 408.20
TIL 243.90
Brady & Morris Engg. 660.00
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