ICICI Securities: BHEL Posts Dismal Q1 Performance, Challenging Outlook

BHEL reported ebitda loss of Rs 10.6 billion in Q1 FY21 as material costs increased 830 basis points YoY to 65.9%.

ICICI Securities

14 Sep 2020, 09:23 PM IST

Valve hall at Agra Converter Station of BHEL Ltd. (image: Company website)

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ICICI Securities: BHEL Posts Dismal Q1 Performance, Challenging Outlook

BHEL reported ebitda loss of Rs 10.6 billion in Q1 FY21 as material costs increased 830 basis points YoY to 65.9%.

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