BHEL Q4 Results Highlights: Net profit down 25% to ₹489 crore, dividend declared

4 min read | Updated on May 22, 2024, 09:35 IST

SUMMARY

BHEL Q4 Results: Heavy electrical equipment maker Bharat Heavy Electricals Limited (BHEL) on Tuesday reported a 25% decline in its consolidated net profit to ₹489.6 crore in Q4 FY24 as compared to ₹658 crore in the year-ago period.

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BHEL

BHEL Q4 results

BHEL Q4 Results Live Update at 04:54 pm: For the entire FY24, net profit fell by 56.8% to ₹282.2 crore, while revenue from operations rose 2.6% to ₹23,982.7 crore.

BHEL Q4 Results Live Update at 04:51 pm: The company's board has recommended final dividend of ₹0.25 per equity share of ₹2 each on the paid up share capital of the company for FY 2023-24.

BHEL Q4 Results Live Update at 04:49 pm: The revenue from operations stood at ₹8,260.2 crore in the January-March quarter, up 0.4% from ₹8226.9 crore in the year-ago period.

BHEL Q4 Results Live Update at 04:44 pm: The revenue from income increased 0.8% to ₹7883.8 crore in the quarter under review from ₹7819.3 crore in the same period last year.

BHEL Q4 Results Live Update at 04:41 pm: Heavy electrical equipment maker Bharat Heavy Electricals Limited (BHEL) on Tuesday reported a 25% decline in its consolidated net profit to ₹489.6 crore in Q4 FY24 as compared to ₹658 crore in the year-ago period.

BHEL Q4 Results Live Update at 04:12 pm: Bharat Heavy Electricals Limited to announce earnings shortly.

BHEL Q4 Results Live Update at 03:41 pm: Shares of heavy electrical equipment maker closed 2.7% higher at ₹318.8 on the NSE ahead of results.

BHEL Q4 Results Live Update at 03:07 pm: Did you know?

74% of India’s indigenous nuclear power plants have BHEL supplied turbine generator sets.
BHEL has been supplying traction motors to Indian Railways since 1962 when the first lot of 16 traction motors for 1500 V DC EMUs in Mumbai was supplied.
Indian Navy’s indigenous TRISHUL missile launcher has been developed by BHEL.

BHEL Q4 Results Live Update at 02:24 pm: Trading stats

Share price: ₹318.4 (+2.6%)
Open: ₹311.9
High: ₹322
Low: ₹308.4
Total m-cap: ₹1,10,903 crore
Free float m-cap: ₹41,105 crore

BHEL Q4 Results Live Update at 01:47 pm: Shares of BHEL were trading at ₹318.3, up 2.5%, on the NSE ahead of Q4 FY24 results.

BHEL Q4 Results Live Update at 12:31 pm: Units/Divisions

Bengaluru

Electronics Division (EDN)
Electronics Systems Division (ESD)
Solar Business Division (SBD)

Bhopal

Heavy Electrical Plant (HEP)
Industrial Valves Plant (IVP)

Haridwar

Heavy Electrical Equipment Plant (HEEP)
Central Foundry Forge Plant (CFFP)

Hyderabad

Heavy Power Equipment Plant (HPEP)

Jagdishpur

Fabrication Stamping and Insulator Plant (FSIP)

Jhansi

Transformer Plant (TP)

Rudrapur

Component Fabrication Plant (CFP)

Ranipet

Boiler Auxiliaries Plant (BAP)

Tiruchirappalli

High-Pressure Boiler Plant (HPBP)
Seamless Steel Tube Plant (SSTP)

Thirumayam

Power Plant Piping Unit (PPPU)

Visakhapatnam

Heavy Plates and Vessels Plant (HPVP)

Mumbai

Electrical Machine Repair Plant (EMRP)

Varanasi

Heavy Equipment Repair Plant (HERP)

BHEL Q4 Results Live Update at 11:33 am: Board of Directors

Koppu Sadashiv Murthy- Chairman & Managing Director
Arti Bhatnagar- Additional Secretary & Financial Adviser, Ministry of Commerce & Industry
Vijay Mittal- Joint Secretary, Ministry of Heavy Industries
Dr K Sivaprasad- Independent Director
Ramesh Patlya Mawaskar, Independent Director
Jai Prakash Srivastava- Director (E, R&D), BHEL
Krishna Kumar Thakur- Director (Human Resources)
Bharat Heavy Electricals Limited
Tajinder Gupta- Director (Power)
Bani Varma- Director (Industrial Systems and Products)

BHEL Q4 Results Live Update at 10:42 am: Trading stats

Share price: ₹316.5
Open: ₹311.9
High: ₹322
Low: ₹308.4
Total m-cap: ₹1,10,207 crore
Free float m-cap: ₹40,828 crore

BHEL Q4 Results Live Update at 9:51 am: Shares of BHEL were trading 3.2% higher at ₹320.4 ahead of Q4 FY24 results.

BHEL Q4 Results LIVE: Bharat Heavy Electricals Limited (BHEL) will release its financial results for the fourth quarter of the financial year 2023-24 (FY2023-24) on Tuesday, May 21.

The company is the largest engineering and manufacturing enterprise in India's energy and infrastructure sectors. Established in 1964, it is the leading power equipment maker worldwide.

Other companies that will release their Q4 results today include NMDC, Hitachi Energy India, PI Industries, Ircon International, GE T&D India, NMDC Steel, Godawari Power & Ispat, Eris Lifesciences, Action Construction Equipment, Maharashtra Seamless, Aether Industries, JK Tyre & Industries, Gujarat State Fertilizer & Chemicals, Metropolis Healthcare, Azad Engineering, RateGain Travel Technologies, Laxmi Organic Industries, Religare Enterprises, Arvind Fashions, Hindustan Foods, Welspun Enterprises, Va Tech Wabag, Gulf Oil Lubricants India, Tilaknagar Industries and Dollar Industries.

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