Monday, November 14, 2011

BHEL Q2 profit climbs 23.6%

Bharat Heavy Electricals (BHEL) has posted a net profit of Rs 14.12 billion for the quarter ended Sept. 30, 2011 as compared to Rs 11.42 billion for the quarter ended Sept. 30, 2010, representing an increase of 23.62%.

Net sales has increased 23.66% from Rs 83.28 billion for the quarter ended Sept. 30, 2010 to Rs 102.99 billion for the quarter ended Sept. 30, 2011.

Shares of the company declined Rs 6.7, or 2.07%, to settle at Rs 317.40. The total volume of shares traded was 265,894 at the BSE (Monday).


ref:
http://www.myiris.com/newsCentre/storyShow.php?fileR=20111114171315715&dir=2011/11/14&secID=resultanal&code1=&code=

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