Bharat Heavy Electricals Limited has reported a net profit of ₹682.7 crore for the fourth quarter ended March 31, 2019. This represents a 49.33 per cent increase over the net profit of ₹457.17 crore recorded in same quarter of the previous financial year.
Total income during the quarter under review rose by 0.65 per cent to ₹ 10418.03 crore.
The company board has recommended a final dividend of 60 per cent (₹1.20 on equity share of ₹ 2 each) for the fiscal year 2018-2019. “An interim equity dividend of 40 per cent has been paid for 2018-19, on the equity following a bonus issue in the year before…The total dividend outflow for the year 2018-2019 shall be the highest during the last six years,” a company statement said.
