Bharat Heavy Electricals (BHEL) has reported results for the fourth quarter and year ended March 31, 2020.
The company has reported net loss of Rs 1534.12 crore for the quarter under review as compared to net profit of Rs 675.97 crore for the same quarter in the previous year. Total income of the company decreased by 50.46% at Rs 5197.53 crore for Q4FY20 as compared Rs 10491.76 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss attributable to owners of Rs 1532.67 crore for the quarter under review as compared to net profit of Rs 681.46 crore for the same quarter in the previous year. Total income of the company decreased by 50.48% at Rs 5193.51 crore for Q4FY20 as compared Rs 10489.11 crore for the corresponding quarter previous year.
For the year ended March 31, 2020, the company has reported net loss of Rs 1472.97 crore as compared to net profit of Rs 1208.65 crore for the previous year. Total income of the company decreased by 29.05% at Rs 22066.64 crore for year under review as compared to Rs 31100.32 crore for year ended March 31, 2019.
For the year ended March 31, 2020, on the consolidated basis, the company has reported net loss attributable to owners of Rs 1466.01 crore as compared to net profit Rs 1005.10 crore for the previous year. Total income of the company decreased by 29.09% at Rs 22054.31 crore for year under review as compared to Rs 31102.90 crore for year ended March 31, 2019.
