Latest Markets Business BEEPS Earnings Personal Finance

BHEL Reports Rs 149 Crore Net Loss In Q3

It had posted a net profit of Rs 42.28 crore in the October-December period of the preceding fiscal.

PTI

BHEL factory in Bhopal. (Source: Company website)

State-owned BHEL on Tuesday posted a consolidated net loss of Rs 148.77 crore for the third quarter ended December 2023, impacted by higher expenses.

It had posted a net profit of Rs 42.28 crore in the October-December period of the preceding 2022-23 financial year, the company said in an exchange filing.

The company's total income rose to Rs 5,599.63 crore from Rs 5,353.94 crore a year ago.

Its expenses increased to Rs 5,816.87 crore from Rs 5,320.84 crore in the third quarter of the last fiscal.

BHEL is one of the largest engineering and manufacturing companies, engaged in design, engineering, construction, testing, commissioning and servicing a wide range of products and services.

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit. Feel free to Add NDTV Profit as trusted source on Google.
GET REGULAR UPDATES
Add us to your Preferences
Set as your preferred source on Google
Beeps Img

Tariffs Pushing Up Prices, But Wider Impact Unclear, Says Powell After Fed Rate Cut

  • chevron-double-right US tariffs are increasing prices but their broader impact remains unclear, says Fed Chair Powell
  • chevron-double-right Rising jobless claims and higher unemployment influenced the Fed's decision to resume rate cuts
  • chevron-double-right Powell expects tariff-driven inflation to be short-lived despite current upward pressure on prices
More Beeps chevron-right

RECOMMENDED FOR YOU

JSW Cement Q1 Results: Net Loss Widens To Rs 1,356 Crore On Exceptional Expense
timelogo Sep 02, 2025
Air India, AI Express Post Rs 9,568 Crore Loss Before Tax In FY25
timelogo Aug 21, 2025
BHEL Share Price Plunge Over 6% After Q1 Loss Widens To Rs Rs 455 Crore
timelogo Aug 07, 2025
BHEL Q1 Results: Loss Widens, Revenue Stays Flat
timelogo Aug 06, 2025

POPULAR

1
Tariffs Pushing Up Prices, But Wider Impact Unclear, Says Powell After Fed Rate Cut
2
Fed Resumes Rate-Cut Cycle After Nine Months With 25 Bps Reduction; Sees Two More This Year
3
Fed's First Rate Cut Of 2025 To Powell Speaking On Jobs, Tariffs, Inflation — Key Highlights
4
Wall Street Sees Muted Response To Fed Decision: Markets Wrap
5
Nokia Hires Intel Executive To Lead Push Into AI Data Centers