BHEL profit plunges 82%

State-owned Bharat Heavy Electricals reported a 82.5 per cent plunge in standalone net profit to Rs 34 crore for the April-June quarter of 2015-16. It attributed the decrease in profit to lower sales.The net sales declined 15.5 per cent to Rs 4,281 crore in the June quarter from Rs 5,068 crore during the same period last year.