United States

Bharat Heavy Electricals March-qtr profit down about 60 pct

Friday, 27 May 2016 06:32am EDT 

Bharat Heavy Electricals Ltd : Says March-quarter net profit 3.60 billion rupees versus net profit of 8.88 billion rupees year ago . Says March-quarter net sales 97.92 billion rupees versus 123.68 billion rupees year ago . Consensus forecast for March-quarter net profit was 3.65 billion rupees . Recommends final dividend of inr 0.40 per share . Outstanding order book position of inr 1.11 trln at 2015-16 end .