BHEL’s net profit more than doubles in Oct-Dec quarter
BHEL’s revenue shot up by 32.2 per cent to Rs 7,277 crore during the third quarter from Rs 5,504 in the same period of the previous year.
Bharat Heavy Electricals Limited (BHEL) has paid a final dividend of Rs.88 Crore for the year 2021-22 to the Govt. of India.
To this effect, a cheque towards the final dividend on the equity (63.17%) held by the Government of India, was presented to Dr. Mahendra Nath Pandey, Union Minister of Heavy Industries by Dr. Nalin Shinghal, Chairman and Managing Director, BHEL, in the presence of Sh. Kamran Rizvi, Secretary (HI).
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Directors on the board of BHEL and senior officials of the Ministry of Heavy Industries were also present on this occasion.
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Significantly, the total dividend paid to the company’s shareholders for FY 2021-22 amounts to over Rs.139 Crore.
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