Bharat Heavy Electricals (BHEL) has suspended delivery of power equipment worth Rs 600 crore on the back of slower demand. Sluggish economy, severe cash crunch to complete the project and non-availability of coal to run or to start power plants, also affected the delivery operations of the company.
The entity has reported 1% rise in its FY13 turnover at Rs 50,015 crore (provisional) as compared to Rs 49,520 crore. However, the company’s bottom-line declined by 8% to Rs 6,485 crore from Rs 7,040 crore. Meanwhile, the company’s order inflow has increased significantly by 42.7% to Rs 31,528 crore in FY13 from Rs 22,096 crore in FY12 while, the company has increased R&D investment to Rs 1,248 crore in FY13 from Rs 1,199 crore in last year.
| Company Name | CMP |
|---|---|
| BHEL | 316.70 |
| Thermax | 4141.20 |
| Kirloskar Oil Eng | 1616.95 |
| Skipper | 433.50 |
| GMM Pfaudler | 931.05 |
| View more.. | |
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