BHEL consolidated net profit rises to Rs 504.45 crore in March quarter, industry segment revenue surged to Rs 2,800.96 crore

State-owned engineering major Bharat Heavy Electricals Ltd ( BHEL ) on Friday reported a 3% increase in its consolidated net profit to Rs 504.45 crore for the quarter ended March 31, 2025, primarily driven by higher revenues from its industry business.

The company had recorded a net profit of Rs 489.62 crore in the same quarter of the previous fiscal, according to a regulatory filing as reported by news agency PTI

Total income for the March quarter rose to Rs 9,142.64 crore, compared to Rs 8,416.84 crore in the year-ago period.

Revenue from the industry segment surged to Rs 2,800.96 crore during the quarter, up from Rs 2,091.98 crore in the corresponding period last year. Meanwhile, revenue from the power segment edged up marginally to Rs 6,192.41 crore from Rs 6,168.27 crore.

For the full fiscal year 2024-25, BHEL’s consolidated net profit more than doubled to Rs 533.90 crore, compared to Rs 282.22 crore in the previous year. The company’s total income for the fiscal rose to Rs 28,804.79 crore from Rs 24,439.05 crore in FY24.

The board of directors has recommended a final dividend of 25% (50 paise per share of face value Rs 2 each) for FY25. The dividend, if approved at the company’s upcoming Annual General Meeting (AGM), will be paid within 30 days from the date of the meeting.