Condition-operate engineering firm BHEL on Saturday documented a consolidated web reduction of Rs 217.86 crore for the Oct-December quarter due to lessen revenues.

The consolidated web gain of the firm was Rs 161.eighty one crore in the quarter finished on December 31, 2019, a BSE submitting stated.

Overall cash flow of the firm dipped to Rs 4,532.39 crore in the quarter from Rs five,827.seventy four crore in the same interval a yr in the past.

About the impression of pandemic, the firm reported, “During the quarter, the team operations recovered as as opposed to Q2/twenty-21 (next quarter this fiscal), but pre-COVID level of operations are but to be achieved.

“Primarily based on its assessment of enterprise/financial circumstances as on day, the firm expects to get well the carrying benefit of its belongings.

(Only the headline and image of this report may have been reworked by the Business Regular employees the rest of the content material is auto-produced from a syndicated feed.)

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