BEML Q2 net profit falls 31% to ₹33 crore despite 42% revenue growth
FROM THE WIRE · THEHINDUBUSINESSLINE.COM
The defence and infrastructure equipment maker reported an EBITDA of ₹80.3 crore for the quarter, up 10% from ₹73 crore in the year-ago period
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishQuarterly profit drop at an Indian defence and infrastructure equipment maker, with strong revenue growth and contained impact.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01BEML's net profit fell 31% to ₹33 crore.
- 02Revenue grew 42%.
- 03Quarterly EBITDA was ₹80.3 crore, up 10%.