Financial Daily
from THE HINDU group of publications
Saturday, July 28, 2001
|
Financial Daily from THE HINDU group of publications Saturday, July 28, 2001 |
||
|
|
||
|
• AGRI-BUSINESS • CORPORATE • MACRO ECONOMY • MARKETS • NEWS • OPINION • VARIETY • INFO-TECH • CATALYST • INVESTMENT WORLD • MONEY & BANKING • LOGISTICS |
Corporate
| Next
| Prev
BHEL net loss at Rs 125 cr
NEW DELHI: Bharat Heavy Electricals Ltd (BHEL) has registered a net loss of Rs 125.18 crore on a net sales of Rs 963.56 crore for the quarter ended June 30. For the corresponding period last year, the company registered a net profit of Rs 2.02 crore on a
net sales of Rs 931.11 crore.
The drop in performance is largely due to increased expenditure, interest cost besides lower value of production (net of excise duty) for the period under comparison.
While the value of production dropped from Rs 964 crore to Rs 881.19 crore, the total expenditure rose from Rs 891.02 crore to Rs 1024.52 crore and the interest burden from Rs 2.50 crore to Rs 20 crore. -- Our Bureau
|
|
|
Comment on this article to BLFeedback@thehindu.co.in
Send this article to Friends by E-Mail
Next: Bharat Petroleum net up 18.8 pc Prev: Nicholas Piramal post-merger Q1 net at Rs 20.8 cr Corporate Agri-Business | Corporate | Macro Economy | Markets | News | Opinion | Variety | Info-Tech | Catalyst | Investment World | Money & Banking | Logistics | Copyrights © 2001 The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line. |