Thursday, January 21, 2010

BHEL Q3 net profit up 35.67% at Rs 1072.6 cr

BHEL has announced its third quarter results of FY10. It has posted 35.67% jump in its Q3 net profit of Rs 1072.6 crore as against Rs 790.5 crore in the same period of previous year.

Net sales increased 17.9% to Rs 7,100.3 crore from Rs 6022.2 crore.

The company's bottomline was in-line with market expectations while revenues below the estimates. CNBC-TV18 expected net profit of Rs 1,071.8 crore and revenues of Rs 7,570.5 crore.

At 13:27 pm, the share was trading at Rs 2,339, down Rs 57, or 2.38% and the current market cap stood at Rs 114,498.73 crore.
Source: CNBC-TV18
Courtesy moneycontrol.com








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