The firm declared final dividend of 25 paise for equity share of Rs 2 face value for FY24.
It reported net profit of Rs 645.13 crore in the year-ago period.
Sequentially, net profit soared multi-fold for Q4 as the company posted profit of Rs 46.31 crore in the December quarter.
Story continues below Advertisement Remove AdThe PSU firm's revenue from operations rose marginally to Rs 8,260.25 crore in Q4FY24 as against Rs 8,227.99 crore in the year-ago period.
The firm declared final dividend of 25 paise for equity share of Rs 2 face value for FY24.
The firm declared final dividend of 25 paise for equity share of Rs 2 face value for FY24.
live bse live
nse live Volume Todays L/H More ×
State-owned Bharat Heavy Electricals Limited (BHEL) on May 21 reported 25 percent decline in net profit at Rs 484.36 crore for the quarter ended March 31, 2024 amid higher expenses by the company. It reported net profit of Rs 645.13 crore in the year-ago period.
Sequentially, net profit soared multi-fold for Q4 as the company posted profit of Rs 46.31 crore in the December quarter.
Story continues below Advertisement Remove Ad
The PSU firm's revenue from operations rose marginally to Rs 8,260.25 crore in Q4FY24 as against Rs 8,227.99 crore in the year-ago period.
ALSO READ: BHEL shares rise 2% on bagging Rs 4,000-crore order from Adani Power
The company’s earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 892.78 crore in the fourth quarter, as against Rs 1,160.6 crore last year.
The firm declared final dividend of 25 paise for equity share of Rs 2 face value for FY24.
On May 21, BHEL's shares closed trading 2.7 percent higher at Rs 318.8 apiece.
ALSO READ: BHEL stock jumps 4% to 52-week high after signing pact with HIMA for railway signalling business
