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BEML reports 55% fall in its Q4 net profit

01 Jun 2011 Evaluate

BEML has reported results for the quarter and the year ended March 31, 2011.

The company’s net profit for the fourth quarter has declined by 55.34% at Rs 70.25 crore as compared to Rs 157.30 crore for the corresponding quarter last year. Its net sales has decreased by 21.60% at Rs 936.07 crore for the quarter under review from Rs 1194.04 crore in the corresponding previous quarter.

The company has registered fall of 32.80% in its net profit for FY11 at Rs 149.76 crore as compared to Rs 222.85 crore for FY10. Net sales have dipped 7.32% at Rs 2630.37 crore for the year from Rs 2838.24 crore in previous year.

On consolidated basis, the group’s net profit for the year has dropped 34.16% at Rs 147.80 crore as compared to Rs 224.49 crore for the year ended March 31, 2010. Net sales for the year has decreased by 7.32% at 2630.38 crore as compared to Rs 2838.25 crore for the previous year.

BEML has recommended a dividend of Rs 10 per share or 100% on the paid up share capital of the company for the year 2010-11.

BEML Share Price

1836.45 32.00 (1.77%)
04-May-2026 16:59 View Price Chart
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Company Name CMP
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