BHEL Financial Results Update for Q4 FY23-24

 

·         BHEL Latest Update:-

BHEL set to announce its quarterly results for Q4 FY23-23 on 21 May 2024. Company have not announced that they will declare divided for this financial year. If Company report healthy profit as this year company has not reported any profit and it has clocked losses as below:-

1.              Q1 FY23-24- Revenues- Rs.5117 Crores

     Loss- -344 crores

2.              Q2 FY23-24- Revenues- Rs.5305 Crores

     Loss- -238 crores

3.              Q3 FY23-24- Revenues- Rs.5600 crores

     Loss- -149 crores

    We can see that revenue of the company are increasing quarter on quarter and Losses are getting              reduced quarter on quarter. So there are high chances of profitability in Q4 of FY 23-24.

In last two financial years, company has delivered dividend of Rs.0.40 per share in Annual General Meetings (AGMs). This year if company will report healthy profits than company will announce dividend for this financial as well.