RegulatoryCNBC-TV18
BHEL wins relief as tax dept drops ₹207-crore GST demand
Positive+33
GreyOak summary
Bharat Heavy Electricals Ltd received an order dropping a ₹207.26 crore GST demand for FY23, leaving only the FY24 matter under adjudication. The company reported a 23.8% revenue rise to ₹9,300 crore and more than doubled its net profit to ₹810 crore in the September quarter.
What it affects
- Bharat Heavy ElectricalsBHELPositive +33
GST demand of ₹207.26 crore droppedRolling sentiment Positive +48
Source
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