Breaking News
Tuesday , December 12 2017
Home / Business / BEML reports 27% rise in Q4 net profit

BEML reports 27% rise in Q4 net profit

BEML has reported results for fourth quarter and year ended March 31, 2017.

The company has reported a rise of 27.11% in its net profit at Rs 186.40 crore for the quarter ended March 31, 2017 as compared to Rs 146.65 crore for the same quarter in the previous year. Total income of the company increased by 18.19% at Rs 1345.67 crore for quarter under review as compared to Rs 1138.59 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the company has posted a rise of 32.64% in its net profit at Rs 84.44 crore as compared to Rs 63.66 crore in FY16. However, total income of the company decreased by 12.91% at Rs 2897.11 crore for quarter under review as compared to Rs 3326.49 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the company has posted rise of 31.67% in its net profit at Rs 84.78 crore as compared to Rs 64.39 crore in the previous year. However, total income of the company decreased by 12.89% at Rs 2892.05 crore for year under review as compared to Rs 3319.88 crore for the year ended March 31, 2016.

Loading...

About editor