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08-Aug2018

BEML's Q1 net loss widens to Rs 160.34 crore

BEML has reported results for first quarter ended June 30, 2018.

The company has reported a net loss of Rs 160.34 crore for the quarter under review as compared to a net loss of Rs 85.13 crore for the same quarter in the previous year. Total income of the company decreased by 27.87% at Rs 459.33 crore for Q1FY19 as compared Rs 636.79 crore for the corresponding quarter previous year.

BEML a leading mining and construction equipment manufacturer has designed and developed indigenously over 40 products through its R&D, and are not only working in India but also in 65 countries around the world.



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