Bhel posts rs1,102 crore loss in q3 on higher expenses, lower. Trump changes course, backs indias position on hydroxychloroquine. Bhel order book position dwindles as power sector slows down the stateowned companys orders from the power sector started witnessing a downward trend since the beginning of the last financial year 2014. Bharat heavy electricals ltd bhel said in a filing to bse. The interim dividend would be paiddispatched on 20 february 2014 and 10 february. The company has an outstanding order book position of about rs 1,09,201. Rising order book set to power bhels profit growth in.
Bhel in spotlight after fy 2014 provisional results. Revenues at bharat heavy electricals limited bhel could slip to less than r40,000 crore in fy14 from r48,400 crore in fy with net profits estimated to fall to less than r3,800 crore from r6. Despite intense competitive pressure in the power and capital goods markets during the year, bhel achieved the highest order booking in the last five years, at rs. It bagged 5 orders last fiscal and the same number of orders in the current fiscal for supplying power equipment. Staterun bharat heavy electricals limited bhel on thursday reported a 3. The bhel stock has shot up more than 15 per cent over the last five trading sessions. Bhel order book jumped 74 per cent to rs 40,932 crore last fiscal.
Press trust of india new delhi last updated at october 5, 2014 12. Bhel bags second hydroelectric project order in nepal. Bhel share price, bhel stock price, bharat heavy electricals ltd. Bhels current order book stands in excess of rs101,000 crore, and its. Bidder may also choose to deposit the tender document cost by cash at the cash office as stated above against sl no iv of 1, on any working day. Bhel has set a target of adding power capacity of 10,000 mw per year as against its current average of 6,000 mw per year.
Challenging times ahead for bhel the financial express. The company excluded orders of rs 3780 crore from the order book rs 1. Bhel wins dsij award 20 for the most efficient maharatna psu. Bhel, the indian governments heavy engineering jewel, is in. Bhels outstanding order book position stood at about rs1,00,600 crore at the end of december quarter. Whats more, it has an order book that is four times its trailing annual revenue. Stateowned power equipment maker bhel today posted a net profit of rs 1844.
The board of directors, it said, has recommended a final dividend of rs 0. Bhel wins order for 120 mw hydro electric project in uttarakhand. Bhels tieup with alstom for supplying 800 mw super critical technology would find application in the ultra mega power project series. The company has an outstanding order book position of about. Bhel reports first ever annual loss business standard news. The firms dominant position, fall in crude prices and market share gains. Bharat heavy electricals ltd, payable at power sector regional hq at chennai issuing the tender, along with technocommercial offer. Bhel shares plunges nearly 6% post q4 results, should you.
Bharat heavy electricals limited bhel saw a 50 per cent drop in its net profit at rs. Trf to log revenues, margins on bhels order from q2 with a turnaround on its bottomline, the firm aims to achieve revenues of rs 1500 crore for fy15 on consolidated basis, says sudhir deoras. Coal controversy will not impact companys operations. It had recorded a profit of rs 1,452 crore in 201415. Bhels dominant position and the career opportunities it offers make the company a good hunting ground for private players looking for talent. Rising order book set to power bhels profit growth in 201516 bhel, indias largest power equipment manufacturer, has seen its revenue decline from rs 48, 352 crore in 201112 to rs 30, 788. The company has an outstanding order book position of.
Lead the way in helping the nation in its fight against covid19. The order book of the bharat heavy electricals limited bhel, the public sector power plant equipment major, is improving with several new orders including orders secured for. The company has an outstanding order book position of rs 1,01. The company said that maintaining the positive trend of. Staterun bharat heavy electricals said the ongoing controversy over coal allocation for power plants will not have any impact on the engineering majors operations. Bhel in talks with libcoin to build indias first lithiumion battery plant.
The company has an outstanding order book position of rs 1,10,730 crore at the end of. Bhel creates new benchmarks in project execution times. Bhel posts rs 1,102 crore loss for octdec quarter business today. The stateowned company ended the year with a total order book of over rs 1, 18000 crore.
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