BEML posts Rs 14 crore loss in Q4
State-run BEML today reported a loss of Rs 13.99 crore for the fourth quarter of the 2011-12.
By PTI | Updated:
MUMBAI: State-run BEML today reported a loss of Rs 13.99 crore for the fourth quarter of the 2011-12.
It had posted a net profit of Rs 70.25 crore in the same period previous fiscal, the company said in a filing to the BSE.
The Bangalore-based company said its income from operations during the quarter also fell to Rs 793.35 crore against Rs 941.60 crore in the January-March period of 2010-11.
The consolidated net profit of the company for 2011-12 fiscal declined to Rs 56.74 crore against Rs 146.91 crore a year ago.
SIncome from operations was also down to Rs 2,715 crore compared to Rs 2,643.78 crore in 2010-11.
Shares of BEML closed at Rs 429.60 apiece, up 0.06 per cent over their yesterday's close on BSE.
It had posted a net profit of Rs 70.25 crore in the same period previous fiscal, the company said in a filing to the BSE.
The Bangalore-based company said its income from operations during the quarter also fell to Rs 793.35 crore against Rs 941.60 crore in the January-March period of 2010-11.
The consolidated net profit of the company for 2011-12 fiscal declined to Rs 56.74 crore against Rs 146.91 crore a year ago.
SIncome from operations was also down to Rs 2,715 crore compared to Rs 2,643.78 crore in 2010-11.
Shares of BEML closed at Rs 429.60 apiece, up 0.06 per cent over their yesterday's close on BSE.
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