- BEML shares fell over 7% after Q4 results announcement for fiscal 2025-26
- Net profit declined 37.5% to Rs 180 crore from Rs 288 crore year-on-year
- Revenue increased 8.6% to Rs 1,794 crore in January-March quarter
Shares of BEML fell over 7% on Friday, May 29 after the declaration of fourth quarter results for fiscal 2025-26. The PSU's net profit dropped 37.5% to Rs 180 crore from Rs 288 crore in the corresponding period last year.
BEML share prices dropped 7.62% to Rs 1,693 apiece. The scrip was trading 4.23% lower at 2:02 pm, while the benchmark Nifty was down 0.65%.
Despite profit drop, revenue surged 8.6% to Rs 1,794 crore in the January to March quarter from Rs 1,653 crore in the same quarter preceding year. In terms of operations, EBITDA fell 35.7% to Rs 272 crore for the quarter under review Rs 423 crore. EBITDA margin stood at 15.1% versus 25.6%
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