Latest news with #BharatHeavyElectricals
Business Standard
18 hours ago
- Business
- Business Standard
BHEL bags LoA for Rs 6,500 crore thermal project from Adani Power
Bharat Heavy Electricals (BHEL) said that it has received a letter of award (LoA) from Adani Power (APL) for setting up six thermal units of 800 MW. As per the terms of the contract, the company would supply the equipment (steam turbine generator along with auxiliaries) and supervise the erection & commissioning for six thermal units. The total value of these contracts is Rs 6,500 crore, the company stated. Navratna PSU Bharat Heavy Electricals (BHEL) is India's largest engineering and manufacturing enterprise in the energy and infrastructure sectors. It is a leading power equipment manufacturer globally. As of 31 March 2025, the Government of India held a 63.17% stake in the company. The scrip shed 0.21% to end at Rs 264.05 on the BSE yesterday.
Business Standard
19-06-2025
- Business
- Business Standard
Bharat Heavy Electricals fixes record date for Final Dividend
Record Date is 11 July 2025 Bharat Heavy Electricals has fixed 11 July 2025 as the record date for the purpose of determining the eligibility of the members to receive final dividend of Rs. 0.50 per share (i.e. @ 25% on the paid up equity share capital) for the year 2024-25.
Business Standard
17-05-2025
- Business
- Business Standard
Bharat Heavy Electricals consolidated net profit rises 3.03% in the March 2025 quarter
Sales rise 8.88% to Rs 8993.37 crore Net profit of Bharat Heavy Electricals rose 3.03% to Rs 504.45 crore in the quarter ended March 2025 as against Rs 489.62 crore during the previous quarter ended March 2024. Sales rose 8.88% to Rs 8993.37 crore in the quarter ended March 2025 as against Rs 8260.25 crore during the previous quarter ended March 2024. For the full year,net profit rose 89.18% to Rs 533.90 crore in the year ended March 2025 as against Rs 282.22 crore during the previous year ended March 2024. Sales rose 18.61% to Rs 28339.48 crore in the year ended March 2025 as against Rs 23892.78 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 8993.378260.25 9 28339.4823892.78 19 OPM % 9.258.81 - 4.382.56 - PBDT 789.44704.72 12 1017.56491.56 107 PBT 704.42636.32 11 745.60242.66 207 NP 504.45489.62 3 533.90282.22 89
Business Standard
16-05-2025
- Business
- Business Standard
BHEL gains as Q4 PAT rises 3% YoY to Rs 504 crore
Bharat Heavy Electricals (BHEL) rose 2.20% to Rs 248.70 after the company's consolidated net profit jumped 3.02% to Rs 504.45 crore in Q4 FY25 as against Rs 489.62 crore posted in Q4 FY24. Revenue from operations grew by 8.87% year on year (YoY) to Rs 8,993.37 crore in the quarter ended 31 March 2025. Profit before tax was at Rs 704.42 crore in Q4 FY25, registering a growth of 10.70% from Rs 636.32 crore posted in Q4 FY24. Total expenses increased 8.39% YoY to Rs 8,448.14 crore in the March 2024 quarter. The cost of materials & services stood at Rs 6,978.80 crore (up 21.25%), while employee benefits expenses were at Rs 1,539.36 crore (up 3.68% YoY) during the period under review. On the segmental front, revenue from the power business stood at Rs 6,192.41 crore (up 0.39% YoY) and revenue from industry stood at Rs 877.32 crore (up 418.66% YoY) during the period under review. Meanwhile, the board has recommended final dividend of Rs 0.50 per share of Rs 2 on the paid up share capital of the company for FY 2024-25. Final Dividend, if declared by the company in the annual general meeting shall be paid/ dispatched within 30 days from the date of Annual General Meeting. Navratna PSU BHEL is India's largest engineering and manufacturing enterprise in the energy and infrastructure sectors. It is a leading power equipment manufacturer globally. As of 31 March 2025, the Government of India held a 63.17% stake in the company.
Business Standard
23-04-2025
- Business
- Business Standard
Indobell Insulations spurts on bagging Rs 1.28-cr order from BHEL
Indobell Insulations rallied 4.39% at Rs 129.70 after the company secured an order for the supply and application of thermal insulation of TIP worth Rs 1.28 crore from Bharat Heavy Electricals (BHEL). Shares of Bharat Heavy Electricals (BHEL) shed 0.28% to currently trade at Rs 227.67 on the BSE. The order involves the supply and application of thermal insulation for TIP, with a total value of Rs 1.28 crore. The order is to be executed by 8th November 2027. The company stated that the promoter, promoter group, and group companies do not have any interest in the entity that awarded the order. Indobell Insulations is a company specializing in the manufacturing and installation of insulation products, primarily focusing on the power industry. They produce and install a wide range of insulation materials, including mineral and ceramic wool, prefabricated jackets, and other related materials. Their services extend beyond insulation, encompassing scaffolding, fire protection, lining services, and more, catering to various applications across residential, commercial, and industrial sectors. Navratna PSU BHEL is India's largest engineering and manufacturing enterprise in the energy and infrastructure sectors. It is a leading power equipment manufacturer globally. As of 31 March 2025, the Government of India held a 63.17% stake in the company.
