Bharat Heavy Electricals Ltd. (BHEL) posted a astonishing nett of Rs 96.7 crore for Q2FY25, countering expert forecasts of a Rs 100 crore loss.
This show lifted shares of the state-owned engineering major. Despite manufacture challenges, BHEL saw beardown operational results supported by improved execution successful its powerfulness and manufacture segments.
Revenue climbed, and margins were steady, reflecting businesslike outgo management. Market analysts presumption this turnaround positively, citing it arsenic a motion of resilience and maturation imaginable for the PSU. The upbeat net are expected to bolster capitalist assurance successful BHEL’s aboriginal performance.