ResultsBusinessLine
BEML Q2 net profit falls 31% to ₹33 crore
Negative-14Company event
GreyOak summary
BEML's September-quarter net profit dropped 31.3% year-on-year to ₹33 crore, even as revenue grew 42.1% to ₹1,192 crore. Rising material costs, higher employee expenses, and a surge in current tax expense to ₹26.28 crore weighed on margins. EBITDA increased 10% to ₹80.3 crore, but the margin contracted to 6.7%. The company's order book stands at ₹21,388 crore.
What it affects
- BEMLNegative -14
Net profit fell 31% to ₹33 croreRolling sentiment Neutral +4
Source
Read the original at BusinessLineMore BEML news
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