BHEL reports Rs 219 cr loss for June quarter

BHEL reported a consolidated net loss of Rs 218.93 crore for June quarter 2019-20. DH Photo

State-owned BHEL on Friday reported a consolidated net loss of Rs 218.93 crore for June quarter 2019-20 mainly due to lower revenues.

The company had reported a profit of Rs 39.98 crore in the year-ago period, a BSE filing said.

The total income of the company came down to Rs 4,673.38 crore in June quarter from Rs 6,116.21 crore a year earlier.

Revenue from the power segment declined to Rs 3,491.54 crore in the quarter under review from Rs 4,636.18 crore in the year-ago period.

Industry segment revenue dipped to Rs 919.55 crore from Rs 1,160.52 crore a year ago.