Bharat Heavy Electricals Ltd (BHEL) reported a standalone net loss of Rs 163 crore for the quarter ending December 31, 2023, in contrast to a net profit of Rs 31 crore during the same period last year.
Despite the loss, the company’s standalone revenue from operations saw a 4.5% increase to Rs 5,504 crore in Q3FY24 compared to Rs 5,264 crore in Q3FY23.
As of 03:15 P.M. on Tuesday, BHEL’s stock on the BSE was trading 1.15% lower at Rs 214.20.
