BHEL net up 52 per cent

By New Delhi: | 02 Apr 2005

New Delhi: Bharat Heavy Electricals Ltd has reported a 52 per cent jump in net profit at Rs1,002 crore in 2004-05 compared to Rs658 crore in the previous fiscal.

BHEL's turnover stood at Rs10,520 crore, up by 21 per cent from the previous year's Rs8662 crore.

The company is planning to enhance annual manufacturing capacity to 10,000 MW from the existing 6,000 MW at an investment of about Rs1,000 crore.