BHEL shares on Monday slipped 18 per cent to ₹62.55 on BSE in intra-day trade after the state-owned company reported a lower-than-expected set of numbers for the quarter ended March 2021 (Q4FY21). BHEL shares were trading 10.5 per cent lower at ₹68.20 at 11:32am on BSE and 10.37 per cent down at ₹68.30 on NSE at 11:34am.
BHEL’s consolidated net loss narrowed to ₹1,036.32 crore in the March 2021 quarter, mainly on the back of higher revenues. The company’s consolidated net loss stood at ₹1,532.18 crore in the quarter ended on March 31, 2020, according to a BSE filing.
Total income during January-March 2021 rose to ₹7,245.16 crore, from ₹5,166.64 crore in the year-ago period. In the full financial year 2020-21,
