BHEL profit down 60% to ₹359 crore in Q4
State-owned Bharat Heavy Electricals Limited (BHEL) has reported a 60% year-on-year fall in net profit to ₹359 crore. Income from operations declined 21.5% to ₹10,004 crore. Further, net loss of ₹896 crore was reported for the entire 2015-15 fiscal against a profit of ₹1,452 in 2014-15. The drop in profit was attributed to weak revenue from the power segment.