BHEL net profit up 17 pc; turnover crosses Rs 20k cr

BHEL on Thursday said its net profit rose 17 per cent to Rs 2,815 crore in 2007-08, while its annual turnover crossed Rs 20,000 crore mark.

NEW DELHI: Public sector electric equipments maker BHEL on Thursday said its net profit rose 17 per cent to Rs 2,815 crore in 2007-08, while its annual turnover crossed Rs 20,000 crore mark.

The company's turnover rose to Rs 21,608 crore in the year 2007-08, up 15 per cent from Rs 18,739 crore in the previous year, BHEL's Chairman and Managing Director K Ravikumar said here while announcing the full-year provisional figures for the latest fiscal.

The net profit rose from Rs 2,415 crore in 2006-07 to Rs 2,815 crore in the latest fiscal.

The order inflow also crossed Rs 50,000 crore mark in the year, Ravikumar said, while adding that the capacity was enhanced to 10,000 megawatts per annum. The order inflow rose to Rs 50,265 crore in 2007-08, up from Rs 35,643 crore in 2006-07.
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