INSUBCONTINENT EXCLUSIVE:
State-run BEML has today posted a flat standalone profit of Rs 187.6 crore for the quarter ended March 2018.
The company had posted a
standalone profit of Rs 186.4 crore in the year-ago period, BEML said in a BSE filing.
The company's standalone income during
January-March quarter declined to Rs 1,264.41 crore, over Rs 1,345.67 crore in the year-ago period.
Total expenses of the company dropped to
Rs 1,042.37 crore, over Rs 1,145.42 crore in the year-ago period.
BEML Ltd --formerly known as Bharat Earth Movers Ltd-- operates under
three major business verticals viz, mining and construction, defence and rail and metro.
The three verticals are serviced by nine
manufacturing units located at Bengaluru, Kolar Gold Fields (KGF), Mysore, Palakkad and Subsidiary - Vignyan Industries Ltd, in Chikmagalur
