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BHEL Q2 net dips 10 pc at Rs 615.77 cr

Posted by Yogesh on Friday, 24 October, 2008

MUMBAI: State-run Bharat Heavy Electricals today said its net profit dipped 10.45 per cent to Rs 615.77 crore for the second quarter ended September 30, from the same period last fiscal.

The total income rose to Rs 5,649.84 crore in the quarter under review, from Rs 4,466.25 crore in the same period last year, BHEL said in a filing to the Bombay Stock Exchange.

For the half-year ended September 30, BHEL reported a net profit of Rs 1,000.18 crore, a 2.42 per cent growth over the year-ago period

In the first half of current fiscal BHEL’s income from operations rose to Rs 10,501.83 crore, from Rs 8,008.88 crore in the year-ago period.

Shares of BHEL were trading at Rs 1,081, down 7.63 per cent on the BSE. Source The Economic Times

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