BHEL clocked ₹204.70 crore loss for the April-June period of the preceding 2023-24 fiscal. File
| Photo Credit: The Hindu
State-owned Bharat Heavy Electricals Ltd (BHEL) on July 31 reported the widening of its consolidated net loss to ₹211.40 crore for the June quarter, on account of higher expenses.
It had clocked ₹204.70 crore loss for the April-June period of the preceding 2023-24 fiscal, the company said in an exchange filing.
The company’s total income rose to ₹5,581.78 crore from ₹5,117.20 crore in the year-ago quarter.
Expenses stood at ₹5,874.98 crore as against ₹5,409.47 crore a year ago.
BHEL is one of the largest engineering and manufacturing companies in India.