BHEL Q1 results show revenue fell from 8338.61 crores to 5117.20 crores, a -38.63% decrease in growth. EPS rise from ₹1.75 to ₹-0.99, down by -156.57%.
First, Let’s Begin with Quarter-on-Quarter Basis:
BHEL shared its Q1 results on Friday. They earned 5117.20 crores in revenue this quarter, but that’s less than the 8338.61 crores they made last quarter. Unfortunately, the company’s growth decreased by -38.63 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was -343.89 crores, down from 611 crores in the previous quarter. Their quarter-to-quarter growth decreased by -156.28 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹-0.99, which is a decrease of -156.57% from the ₹1.75 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 5117.20 crores this year (2023), which is 7.91 percent higher than last year’s total revenue of 4742.28 crores.
This year’s PAT (Profit After Tax) is -343.89 crores, which is also 82.93% lower than last year’s PAT of -187.99 crores.
The EPS (Earnings Per Share) for this year is ₹-0.99, which is 83.33% less than the EPS of ₹-0.54 earned last year.
BHEL Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
Bharat Heavy Electricals Limited (BHEL) is a prominent Indian central public sector undertaking and holds the distinction of being the largest government-owned manufacturer of power generation equipment. It operates under the ownership of the Government of India and falls under the administrative control of the Ministry of Heavy Industries.
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