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BEML’s consolidated net loss narrows to Rs 94 crore in Q1

07 Aug 2021 Evaluate

BEML has reported results for first quarter ended June 30, 2021. 

The company has reported net loss at Rs 92.83 crore for the quarter under review as compared to net loss of Rs 132.75 crore for the same quarter in the previous year. However, total income of the company increased by 16.59% at Rs 470.52 crore for Q1FY22 as compared Rs 403.57 crore for the corresponding quarter previous year.   

On the consolidated basis, the company has reported net loss at Rs 94.01 crore for the quarter under review as compared to net loss of Rs 134.00 crore for the same quarter in the previous year. However, total income of the company increased by 16.77% at Rs 470.31 crore for Q1FY22 as compared Rs 402.78 crore for the corresponding quarter previous year.    

Peers
Company Name CMP
BEML 1928.60
Action Const. Equip 1136.55
Sanghvi Movers 406.75
TIL 243.90
Brady & Morris Engg. 660.00
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