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Bharat Bijlee Q4 net profit down by 8.29 pc to Rs 9.63 cr
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Bharat Bijlee Q4 net profit down by 8.29 pc to Rs 9.63 cr

Agency News

Mumbai, May 6: Bharat Bijlee has reported a decline of 80.29 per cent in its net profit for the quarter ended March 31, 2019 at Rs 9.63 crores as against Rs 48.86 crores for the quarter ended March 31, 2018.

However, Total income for the quarter under review grew by 22.25 per cent to Rs 281.03 crores as compared to Rs 229.89 crore for the same quarter a year ago period. For the financial year ended March 31, 2019 company has posted a decline of 31.88 per cent to Rs 41.53 crore as against Rs 60.97 crore for the year ended March 31, 2018.

However, Total income for the financial year ended March 31, 2019 grew by 18.61 percent to Rs 961.94 crore as compared to Rs 810.98 crore for the year ended March 31, 2018. (UNI)