Wednesday, September 19, 2012

BHEL order book swells to over Rs 1.35 lakh cr

BHELBSE 5.44 % today said its order book, to be executed this fiscal and beyond, has swelled to Rs 1,35,300 crore. "Orders worth Rs 22,096 crore have been booked. At the end of the year, total orders in hand for execution in 2012-13 and beyond, stand at about Rs 1,35,300 crore," CMD BHEL B P Rao said at the company's annual general meeting. Addressing shareholders, Rao said that BHEL recorded a 26 per cent surge in networth, which went up to Rs 25,373 crore from Rs 20,154 crore in the year before. "The prevailing economic and business headwinds are posing an immense challenge to sustain past growth rates in the near term. The company expects business sentiment to improve in the medium and long term," he said. ref: http://economictimes.indiatimes.com/news/news-by-industry/indl-goods/svs/engineering/bhel-order-book-swells-to-over-rs-1-35-lakh-cr/articleshow/16463260.cms

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