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BHEL plunges into Rs 238cr loss in July-Sep quarter

New Delhi, Nov 8 (IANS) Public sector engineering giant Bharat Heavy Electricals Ltd (BHEL) has plunged into a consolidated net loss of Rs 238.12 crore for the July-September quarter of the current financial year, according to a regulatory filing.

The company had made a profit of Rs 12.10 crore in the same quarter last year.

BHEL’s revenue decreased by 1.5 per cent to Rs 5,125.3 crore in the second quarter of the current fiscal compared to Rs 5,202.6 crore in the same quarter of the previous year.

–IANS

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Indian Abroad News Desk
Indian Abroad News Deskhttps://www.indianabroad.news
Indian Abroad is a news channel and fortnightly newspaper meant for Australia’s Indian community and, besides news, focuses on lifestyle subjects like health, travel, culture, arts, beauty, fashion, entertainment, Bollywood, etc. Our YouTube channel here features daily news bulletins besides infotainment videos on lifestyle subjects.

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