Wednesday, April 4, 2012

BHEL's order inflows fall in FY12; how do brokerages view it now

The country's top power equipment maker Bharat Heavy Electricals (BHEL) yesterday announced its provisional numbers for Q4 and FY12. Net profit rose 14.3%, while net sales climbed 13.8%. The turnover of the company jumped 13.76%, but the order inflow of the company was significantly down in the last fiscal – it stood almost 63% lower.

BHEL now expects to get orders worth 7000-8000 MW going forward. In FY12, cumulative orders in hand were at Rs 1.35 lakh crore.

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