State-owned industrial technology company Bharat Heavy Electricals Ltd. will announce its Q3 results next week. The company in a stock exchange filing earlier this month informed the bourses about the date of declaring the results.
BHEL (Bharat Heavy Electricals Ltd.) is India’s largest engineering and manufacturing enterprise in the energy and infrastructure sectors. The public sector undertaking company operates in sectors like power-thermal, hydro, gas, nuclear and solar PV, transmission, transportation, defence and aerospace, oil and gas, and new areas like BESS and EV chargers.
The company, which was established in 1956 with the help of Soviet technology, has a market capitalisation of nearly Rs 70,000 crore currently. Here is all you need to know about BHEL Q3 Results.
BHEL Q3 Results: Date And Time
In a stock exchange filing on Jan. 10, BHEL informed that its board of directors will meet on Tuesday, Jan. 28 to approve the financial results for the October-December quarter of FY25.
“Notice is hereby given that a meeting of the Board of Directors of the Company will be held on Tuesday, 28th January, 2025, interalia, to approve the Unaudited Financial Results of BHEL for & up to the quarter ended 31st December 2024,” the company said.
The Q3 results will be made available on the stock exchanges after the board meeting. “Accordingly, Trading Window for Designated Persons shall remain closed up to 30th January 2025,” BHEL added in its stock exchange filing.
BHEL Share Price History
Shares of Bharat Heavy Electricals Ltd. have declined as much as 6.38% in the past five trading sessions on the NSE. The stock has shown weak performance over the past many months as well. In the last month, BHEL’s share price has fallen nearly 17%, while in the past year, the stock has plunged 9.26%.
BHEL Q2 Results
Bharat Heavy Electricals Ltd. reported a strong performance in the second quarter of FY25, with revenue rising by 28.5% year-on-year to Rs 6,584 crore, compared to Rs 5,125 crore in the same period last year.
The company posted a net profit of Rs 106 crore, a turnaround from a loss of Rs 63 crore in the same quarter last year. BHEL’s Ebitda turned positive at Rs 275 crore, compared to an EBITDA loss of Rs 154 crore in the year-ago quarter. Its margins stood at 4.2%.
. Read more on Earnings by NDTV Profit.Shares of Bharat Heavy Electricals Ltd. have declined as much as 6.38% in the past five trading sessions on the NSE. Read MoreQuarterly Earnings
NDTV Profit
