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BHEL Q1 net loss widens to ₹211.4 crore

BHEL reports ₹211.40 crore net loss in June quarter due to higher expenses, total income rises

Updated - August 01, 2024 12:45 am IST - New Delhi

PTI
BHEL clocked ₹204.70 crore loss for the April-June period of the preceding 2023-24 fiscal. File

BHEL clocked ₹204.70 crore loss for the April-June period of the preceding 2023-24 fiscal. File | Photo Credit: The Hindu

State-owned Bharat Heavy Electricals Ltd (BHEL) on July 31 reported the widening of its consolidated net loss to ₹211.40 crore for the June quarter, on account of higher expenses.

It had clocked ₹204.70 crore loss for the April-June period of the preceding 2023-24 fiscal, the company said in an exchange filing.

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The company’s total income rose to ₹5,581.78 crore from ₹5,117.20 crore in the year-ago quarter.

Expenses stood at ₹5,874.98 crore as against ₹5,409.47 crore a year ago.

BHEL is one of the largest engineering and manufacturing companies in India.

Published - August 01, 2024 12:12 am IST

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