BEML reports Q3 net profit at Rs 3 crore
BEML today reported a standalone net profit of Rs 3.10 crore for the third quarter ended December 2015 on the back of higher income from operations.
By PTI | Updated:
NEW DELHI: State-run BEML today reported a standalone net profit of Rs 3.10 crore for the third quarter ended December 2015 on the back of higher income from operations.
The company had posted a net loss of Rs 11.42 crore in the corresponding quarter of the previous fiscal, it said in a statement.
The firm's total income from operations increased to Rs 763.52 crore, over Rs 576.89 crore in the year-ago period.
BEML operates in three major business verticals for associated equipment manufacturing - mining and construction, defence and rail and metro.
Shares of the company were trading 4.33 per cent down at Rs 958.00 apiece during afternoon session on BSE.
The company had posted a net loss of Rs 11.42 crore in the corresponding quarter of the previous fiscal, it said in a statement.
The firm's total income from operations increased to Rs 763.52 crore, over Rs 576.89 crore in the year-ago period.
BEML operates in three major business verticals for associated equipment manufacturing - mining and construction, defence and rail and metro.
Shares of the company were trading 4.33 per cent down at Rs 958.00 apiece during afternoon session on BSE.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
Inside Oyo’s FY26 profit; Gaming founders seek GST reprieveADVERTISEMENT
