BHEL Q3 results: Net Loss rises to ₹163 crore, total expenses up by 9%
Bharat Heavy Electricals Limited (BHEL), on Tuesday, disclosed its financial results for the quarter ended on December 31, 2023. The company posted a standalone net loss of ₹163 crore for the quarter, against net profit of ₹31 crore in the year-ago period.
Meanwhile, the standalone revenue from operations of the PSU firm saw a notable increase of 4.5% in Q3FY24, reaching ₹5,504 crore, compared to ₹5,264 crore recorded in Q3FY23.
(This is a developing story)
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Published: 13 Feb 2024, 03:32 PM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.