BHEL Q3 profit jumps 64% to Rs 153 cr but revenue growth tepid at 0.4%


State-run power equipment maker Bharat Heavy Electricals has reported strong growth of 64 percent year-on-year in profit at Rs 153.19 crore for quarter ended December 2017.

Profit for December quarter 2016 stood at Rs 93.54 crore, the company said.

Revenue from operations during the quarter increased 0.4 percent to Rs 6,626.35 crore compared to Rs 6,602.82 crore in same period last year.

At 14:35 hours IST, the stock price was quoting at Rs 95.05, up Rs 1.10, or 1.17 percent on the BSE.moneycontrol