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BEML profit narrows to Rs 98 cr in June quarter

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Press Trust of India New Delhi

BEML Ltd on Friday reported narrowing of its consolidated profit to Rs 98.21 crore for the quarter ended June 30.

The company had posted a consolidated profit of Rs 162.56 crore in the year-ago period, BEML Ltd said in a filing to the BSE.

Its consolidated income during June 2019 quarter increased to Rs 589.10 crore, compared with Rs 457.91 crore a year ago.

BEML Ltd serves core sectors such as defence, rail, power, mining and infrastructure. The company operates under three major business verticals -- mining and construction, defence, and rail and metro.

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First Published: Aug 02 2019 | 3:15 PM IST

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