BHEL rises after reporting turnaround Q1 performance
Mumbai, July 16 -- Revenue from operations rose 40.29% year on year to Rs 7,697.72 crore in the first quarter of FY27.
The company reported a profit before tax of Rs 507.70 crore in the quarter, compared with a pre-tax loss of Rs 608.04 crore in the corresponding quarter of the previous year.
Total expenses increased 18.08% YoY to Rs 7,415.62 crore in Q1 FY27. The cost of materials & services stood at Rs 5,839.29 crore (up 41.45%), while employee benefits expenses were at Rs 1,506.33 crore (up 2.99% YoY) during the period under review.
On the segmental front, revenue from the power business stood at Rs 5,919.50 crore (up 51.82% YoY) and revenue from industry stood at Rs 1,778.22 crore (up 11.97% YoY) during the period under review.
Bh...
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