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BHEL Misses Q3 Profit View on Higher Expenses
Hindustan Times Pune
|January 30, 2025
Bharat Heavy Electricals (Bhel) reported third-quarter profit below estimates on Tuesday as a surge in expenses outweighed a modest rise in power demand.
The power and industrial equipment manufacturer reported a net profit of ₹125 crore for the three months ended December 31, compared to a loss of ₹213 crore a year ago. Analysts, on average, had estimated a profit of ₹168 crore, as per data compiled by
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