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State-owned Bharat Heavy Electricals (BHEL) has announced its financial results for the quarter ended September 30, 2011.

The company reported a standalone net profit of Rs 1412.03 crore for the second quarter of the current fiscal versus Rs 1142.28 crore for the quarter ended September 30, 2010, registering a growth of 23.61%. The net sales of the company grew 24.43% from Rs 8652.64 crore for the quarter ended September 30, 2010 to Rs 10765.37 crore for the quarter ended September 30, 2011.

Peers
Company Name CMP
Bharat Heavy Elect. 434.70
Thermax 3270.50
Kirloskar Industries 3399.90
Skipper 520.95
INDO-MIM 1165.40
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