BHEL second-quarter profit up 6 percent, misses estimates
Power plant equipment maker Bharat Heavy Electricals Ltd
Net profit came in at 1.15 billion rupees ($17.73 million) in the quarter ended Sept. 30, compared with a profit of 1.09 billion rupees a year earlier, the company said. http://bit.ly/2ApglG2
Analysts on average had expected a standalone net profit of 1.59 billion rupees, according to Thomson Reuters data.
Income from operations fell 9 percent to 61.68 billion rupees.
($1 = 64.8550 Indian rupees)
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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