Monday, 29 May 2017

BHEL Q4 profit seen up 67% on strong operational performance >> Get Free Stock Tips-

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State-run power equipment maker BHEL is expected to report consolidated profit at Rs 600 crore in the quarter ended March 2017, up 67 percent compared with Rs 359 crore reported in same period last year.

Revenue during the quarter is seen rising 10.5 percent to Rs 11,060 crore while operating profit may surge 110.7 percent year-on-year to Rs 765 crore and margin may expand 330 basis points to 6.9 percent.

Growth may be driven by better operating leverage and lower other expenses.

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