BHEL turns black in Q2FY25

Ace News

28th Oct 2024

Bharat Heavy Electricals (BHEL) has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported net profit of Rs 96.67 crore for the quarter ended September 30, 2024 as against net loss of Rs 58.30 crore for the same quarter in the previous year. Total income of the company increased by 25.94% at Rs 6,702.51 crore for Q2FY25 as compared to Rs 5,322.04 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net profit of Rs 106.15 crore for Q2FY25 as against net loss of Rs 63.01 crore for the same quarter in the previous year. Total income of the company increased by 26.20% at Rs 6,695.37 crore for Q2FY25 as compared to Rs 5,305.38 crore for the corresponding quarter previous year.