Q4FY21 Result Update - Bhel - ICICI Direct

Bhel's Q4FY21 revenues came in at Rs. 7171 crore, up 42% YoY, 61.1% QoQ amid a low base with some execution revival amid headwinds. On the segmental front, power segment revenues grew 50.9% YoY to Rs. 4789.3 crore whereas industrial segment revenue grew 38.4% YoY to Rs. 1963.4 crore. EBITDA level loss came in at Rs. 1264.3 crore (vs. EBITDA loss of Rs. 561.7 crore in Q4FY20) YoY owing to lower-than-expected execution and higher-than-expected operating expenses and provisions. Net loss came in at Rs. 1032.9 crore (vs. net loss of Rs. 1534.1 crore in Q4FY20) partly impacted by lower other income, which declined 43.2% to Rs. 84.2 crore.

For details, click on the link below: Link to the report

Shares of BHARAT HEAVY ELECTRICALS LTD. was last trading in BSE at Rs.66.95 as compared to the previous close of Rs. 69.65. The total number of shares traded during the day was 7569202 in over 35523 trades.

The stock hit an intraday high of Rs. 69.65 and intraday low of 66.3. The net turnover during the day was Rs. 514066096.

Source : Equity Bulls

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