BHEL reports quarterly loss of ₹1,101.99 crore
The state-owned power equipment maker BHEL on Thursday reported a net loss of ₹1,101.99 crore for the quarter ended December against a net profit of ₹212.60 crore in the year-ago period. Its total income from operations also declined 14% to ₹5,325.57 crore during the period under review. The loss was attributed to increased expenses and lower revenues.