State-owned BHEL reported a significant increase in its consolidated net profit for the September quarter, reaching ₹820.94 crore, more than double the ₹374.89 crore recorded in the same period last year. This surge is attributed to higher income from its key business verticals, particularly in power and industry.
Financial Highlights
- Total Income: Increased by 24% to ₹9,553.01 crore from ₹7,686.11 crore in the previous year.
- Power Business Revenue: ₹6,637.90 crore, up from ₹5,675.64 crore.
- Industry Business Revenue: ₹2,662.45 crore, an increase from ₹1,836.16 crore.
- Expenses: Rose to ₹8,482.40 crore compared to ₹7,201.54 crore a year ago.
