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BHEL Q4 profit doubles at Rs.457 crore YoY

BHEL has reported a net profit of Rs.457.10 crore, for the quarter ended March 31,2018. This is double than the profit which the company had posted last year in the same quarter, at Rs.215.55 crore.

Sales for the quarter rose 3.73% YoY to Rs.9,832.82 crore, as compared with Rs.9,479.04 crore in the same quarter last year. Margins for the quarter rose to 12.2%, from 5.8% in the year ago quarter.

Further, the board has recommended final dividend of Rs.1.02 per share for FY18. Final dividend, if declared by the company in the annual general meeting shall be paid on October 10.

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