BHEL Q4 net up 20.8% YoY at Rs 3,380 crore

NEW DELHI: Bharat Heavy Electricals Ltd ( BHEL) posted a net profit of Rs 3,379.81 crore for the quarter ended March 31, 2012, from Rs 2,798.04 crore for the quarter ended March 31, 2011. Total income increased to Rs 19,987.85 crore in the same quarter from Rs 18,589.25 crore in the year-ago period.

The company posted a net profit of Rs 7,039.96 crore for the year ended March 31, 2012, compared to Rs 6,011.2 crore for the year ended March 31, 2011. Total income increased to Rs 49,244.44 crore for the year ended March 31, 2012, from Rs 43,267.23 crore the previous year.

The group posted a net profit after taxes, minority interest and share of associates of Rs 7,087.44 crore for the year ended March 31, 2012, compared to Rs 6,053.36 crore for the year ended March 31, 2011. Total income increased to Rs 49,627.25 crore for the year ended March 31, 2012, from Rs 43,565.17 crore the previous year.

The board of BHEL has recommended a final dividend @ 184% (Rs 3.68 per share) on the paid-up share capital of the company for the year 2011-12, subject to shareholder approval.