{"id":373706,"date":"2020-09-15T12:24:11","date_gmt":"2020-09-15T06:54:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=373706"},"modified":"2020-09-15T12:24:11","modified_gmt":"2020-09-15T06:54:11","slug":"bharat-heavy-electricals-rating-sell-covid-19-impacted-execution-in-q1","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bharat-heavy-electricals-rating-sell-covid-19-impacted-execution-in-q1\/","title":{"rendered":"Bharat Heavy Electricals rating: Sell \u2014 Covid-19 impacted execution in Q1"},"content":{"rendered":"<p>Bharat Heavy Electricals (BHEL) witnessed 56% y-o-y drop in revenues to Rs 20 bn implying continued weak execution. The company reported Ebitda loss of Rs 10.6 bn as material costs increased 830bps y-o-y to 65.9%; however, 48% y-o-y drop in other expenditure due to focus on cost reduction and lower provision partially mitigated losses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bharat Heavy Electricals (BHEL) witnessed 56% y-o-y drop in revenues to Rs 20 bn implying continued weak execution. The company reported Ebitda loss of Rs 10.6 bn as material costs increased 830bps y-o-y to 65.9%; however, 48% y-o-y drop in other expenditure due to focus on cost reduction and lower provision partially mitigated losses.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-373706","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=373706"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373706\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=373706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=373706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=373706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}