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ICICI Direct: BHEL - Execution Headwind Continues Amid Covid-19

Revenue fell 56.1% year-on-year to Rs 1,990.9 crore in Q1 FY21 due to execution headwinds caused by the Covid-19 crisis.

CNC Slot cutting machine at BHEL Ltd. facility in Haridwar (image Company website)
CNC Slot cutting machine at BHEL Ltd. facility in Haridwar (image Company website)
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