18-May-2025
Corporate News
 
BHEL Q4 Results: Profit rises by 3.03% to Rs 504.45 crore, misses estimates; dividend announced
17-May-2025

Bharat Heavy Electricals Ltd (BHEL) on Friday released its fiscal fourth quarter earnings with profit at Rs 504.45 crore, missing estimates. This was 3.03 per cent higher in comparison to Rs 489.62 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 8993.37 crore, up 8.88 per cent as against Rs 8260.25 crore reported during the fourth quarter of previous financial year. The company EBITDA stood at Rs 831 crore. According to a CNBC TV18 poll, BHEL was expected to report Q4 profit at Rs 696 crore and revenue for the quarter in review was estimated at Rs 10,715 crore.

News Source:- https://www.financialexpress.com/business/industry-bhel-q4-results-profit-rises-by-3-03-to-rs-50445-crore-misses-estimates-dividend-announced-3847305/?ref=morelatest_hp