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This is an archive article published on April 4, 2011

BHEL profit up 39.66 pct in FY’11

BHEL reported a 39.66 pct growth in PAT to Rs 6,021 cr for the fiscal year ended March 31.

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State-owned BHEL reported a 39.66 per cent growth in profit-after-tax to Rs 6,021 crore for the fiscal year ended March 31,2011.

In the year-ago period,the company had posted a profit-after-tax of Rs 4,311 crore,BHEL said in a filing to the Bombay Stock Exchange.

The company’s total turnover increased to Rs 43,451 crore in the 2010-11 fiscal from Rs 34,154 crore in the previous year.

Following the announcement,shares of the company shot up by 3.21 per cent to Rs 2,181.60 a piece.

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