BHEL Q1 up 13 pc at Rs 921 cr
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State-run power equipment maker BHEL has reported about 13 per cent jump in net profit at Rs 921 crore for the first quarter ended June 30, 2012.
It had posted net profit of Rs 815.5 crore in the April- June quarter of 2011-12, BHEL said in a statement today.
Net sales jumped about 17 per cent to Rs 8,326 crore, from Rs 7,132 crore in the same period of the previous fiscal, it said.
The company has an outstanding order book position of Rs 1,33,000 crore at the end of Q1, 2012-13.
It includes the Rs 950 crore contract for supplying equipment for 1,020 MW hydel project in Bhutan, bagged by BHEL last month.
The order envisages manufacture, supply, erection and commissioning of the electro-mechanical equipment for the 1,020 MW Punatsangchhu-II Hydroelectric project.
BHEL is also executing the 1,200 MW Punatsangchhu-I project in Bhutan. It is being set-up under a bilateral agreement between India and Bhutan.
Located around 80 Km from Thimphu on the banks of the Punathsangchu River in Western Bhutan, the project is an environment friendly run-of-the-river scheme.
The company has, so far, executed three hydro projects - 336 MW Chukha, 60 MW Kurichu and 1,020 MW Tala in Bhutan. These projects account for nearly 95 per cent of the total power generating capacity in Bhutan.
BHEL has established footprint in six continents, spanning over 75 countries.
BHEL scrip was trading at Rs 218.60, up 1.09 per cent on the BSE.
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