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Government company Bharat Heavy Electronics Limited (BHEL) has announced the results of the second quarter of the current financial year. On an annual basis, the company has turned from loss to profit in the second quarter.
The company has informed the exchange that a profit of Rs 106 crore has been registered in the second quarter of this year as against a loss of Rs 63 crore in the second quarter of last year.
Talking about the company's earnings, there has been an increase in it. The company's consolidated income has been recorded at Rs 6584 crore. Whereas in the same quarter last year, this figure was Rs 5125 crore.
In comparison to the EBITDA loss of Rs 154 crore last year, EBITDA of Rs 275 crore has been registered in the second quarter of this year. Know further what is its share price.
Talking about BHEL share price, after the announcement of the results, it was trading at Rs 228.40 with a gain of 5.74 percent. The market cap of the company is Rs 79,408.45 crore. The stock price has fallen by 18.29 percent in 1 month and 17.46 percent in 6 months. It has increased by 89.31 percent in 1 year.
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