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    State run BEML’s profit remains steady during Q2; stock declines over 2%

    Author AvatarBy George Brooks No Comments 3 Mins Read

    State-run BEML Ltd. reported its Q2 earnings on Monday (November 11). For the reporting quarter, the company’s revenue slipped to Rs 859 crore from Rs 916 crore in the same period a year-ago.

    Consolidated profit at the concern came in marginally higher at Rs 51.8 crore in comparison to Rs 51 crore in the September quarter of the previous year.

    On the operatioal front, the company’s EBITDA  grew to Rs 73 crore as against Rs 61.5 crore in the year-ago period., while the margin soared to Rs 8.49 per cent during the reporting quarter,  in comparison to 6.7 per cent

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    He is an experienced financial journalist with a focus on Forex and cryptocurrency markets. With over two decades of expertise, he delivers in-depth analysis and real-time market updates, providing traders and investors with the knowledge they need to navigate the ever-changing financial landscape. His insightful articles and reports are trusted by professionals and enthusiasts alike.

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