BHEL Ltd Q3 PAT turns around to profit of Rs27.02cr on higher revenues and lower costs

28 Jan 2022 , 04:19 PM

BHEL Ltd reported 15.38% higher sales in the Dec-21 quarter at Rs5,135.90cr. There was also a marginal improvement in the revenues on quarter on quarter basis.

Revenues from the power segment were higher on a yoy basis while the revenues from the industrial segment were down yoy.

BHEL Ltd reported turn around to profit of Rs27.02cr from a net loss of Rs217cr in the year ago quarter on higher revenues and lower costs.

Net margins turned around to positive in the latest quarter as compared to losses in the Sep-21 quarter and the Dec-20 quarter.

Financial highlights for Dec-21 compared yoy and sequentially

	BHEL Ltd
Rs in Crore	Dec-21	Dec-20	YOY	Sep-21	QOQ
Total Income (Rs cr)	₹ 5,135.90	₹ 4,451.36	15.38%	₹ 5,112.19	0.46%
Net Profit (Rs cr)	₹ 27.02	₹ -217.44	N.A.	₹ -45.98	N.A.
Diluted EPS (Rs)	₹ 0.08	₹ -0.63		₹ -0.13
Net Margins	0.53%	-4.88%		-0.90%