BEML has reported a net profit of Rs 15.3 crore in the second quarter of FY12, a growth of 4% as compared to Rs 14.7 crore in the corresponding quarter of last fiscal.
Net sales jumped 55.6% to Rs 792 crore in the July-September quarter of FY12 versus Rs 509 crore in the same period of FY11.
Total expenditure shot up 53% to Rs 770 crore from Rs 503 crore year-on-year.
In the second quarter,
The company has signed technical tie-up with Vosta LMG, Netherlands.
BEML has received orders worth Rs 230 crore for its mining equipment.
The company forayed into Thailand for export of mining equipments
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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