BEML Q2 Results: Co reports marginal YoY decline in PAT, revenue falls 57%
BEML on Monday reported a marginal decline of 0.75% in its profit after tax (PAT) on a year-on-year (YoY) basis at Rs 51.03 crore for the second quarter ended September 30, 2024.
The same stood at Rs 51.78 crore in the year-ago period.
The company’s revenue from operations stood at Rs 859.84 for the reporting quarter, falling by 57% YoY against Rs 916.79 in the same quarter of the previous financial year.
The company has turned profitable on a quarter-on-quarter (QoQ) basis as it reported a net loss of Rs 70.47 crore in the April-June quarter.
BEML’s order book, which stood at Rs 11,818 crore at the beginning of the said quarter, was reported at Rs 11,453 crore, which constitutes orders worth Rs 2,784 crore executable in the current year and Rs 8,669 crore in the subsequent years.
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