State-owned Bharat Heavy Electricals (BHEL) has reported a net profit of Rs 1,433 crore in the quarter ended December FY12, a growth of 2.14% as compared to Rs 1,403 crore in a year ago period.
Total income of the company increased 19% to Rs 10,743 crore from Rs 9,023 crore year-on-year.
Bottomline and topline were in line with analysts' expectations; CNBC-TV18 poll saw net profit at Rs 1,427 crore and total income of Rs 10,793 crore.
EBITDA was almost flat at Rs 2,080 crore versus Rs 2,072 crore during the same period.
Margin declined at 19.37% in the quarter ended December FY12 versus 22.96% in the corresponding quarter of last fiscal.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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