Thursday, July 26, 2012

BHEL reported about 13% jump in net profit at Rs 921 crore, Latest Stock Price


BHEL reported about 13% jump in net profit at Rs 921 crore, Latest Stock Price


State-run power equipment maker BHEL has reported about 13% jump in net profit at Rs 921 crore for the first quarter ended June 30, 2012.

It had posted net profit of Rs 815.5 crore in the April- June quarter of 2011-12, BHEL said in a statement today.

Net sales jumped about 17% to Rs 8,326 crore, from Rs 7,132 crore in the same period of the previous fiscal, it said.

The company has an outstanding order book position of Rs 1,33,000 crore at the end of Q1, 2012-13.

It includes the Rs 950 crore contract for supplying equipment for 1,020 MW hydel project in Bhutan, bagged by BHEL last month.

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