BEML Limited Reports Unaudited and Audited Standalone Earnings Results for the Fourth Quarter and Year and Consolidated Earnings Results for the Year Ended March 31, 2019
May 25, 2019 at 06:30 am EDT
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BEML Limited reported unaudited and audited standalone earnings results for the fourth quarter and year and consolidated earnings results for the year ended March 31, 2019. For the quarter, on standalone basis the company reported revenue from operation of INR 13,648.4 million as compared to INR 12,526.0 million for the same period last year. Total Income was INR 13,775.3 million as compared to INR 12,644.1 million for the same period last year. Profit for the period from continuing operations was INR 1,622.4 million as compared to INR 1,876.9 million for the same period last year. Profit for the period was INR 1,622.4 million as compared to INR 1,876.9 million for the same period last year. Basic and diluted earnings per share was INR 38.96 as compared to INR 45.07 for the same period last year.
For the year, on standalone basis the company reported revenue from operation of INR 34,810.6 million as compared to INR 33,054.2 million for the same period last year. Total Income was INR 35,041.8 million as compared to INR 33,303.2 million for the same period last year. Profit for the period from continuing operations was INR 634.9 million as compared to INR 1,294.5 million for the same period last year. Profit for the period was INR 634.9 million as compared to INR 1,294.5 million for the same period last year. Basic and diluted earnings per share was INR 15.24 as compared to INR 31.08 for the same period last year.
For the year, on consolidated basis the company reported revenue from operation of INR 34,742.5 million as compared to INR 32,987.1 million for the same period last year. Total Income was INR 34,974.9 million as compared to INR 33,237.5 million for the same period last year. Profit for the period from continuing operations was INR 631.5 million as compared to INR 1,296.8 million for the same period last year. Profit for the period was INR 631.6 million as compared to INR 1,296.8 million for the same period last year. Basic and diluted earnings per share was INR 15.17 as compared to INR 31.14 for the same period last year.
BEML Limited is an India-based company, which operates under three major business verticals, such as Defence and Aerospace, Mining and Construction, and Rail and Metro. Its Defence and Aerospace business manufactures and supplies defense ground support equipment, such as Tatra-based high mobility trucks, aircraft towing tractors, medium and heavy recovery vehicles, pontoon mainstream bridge systems and others. Its Mining and Construction business, manufactures and supplies equipment, such as hydraulic excavators, bulldozers, wheel loaders, wheel dozers, dump trucks, motor graders, pipe layers, tire handlers, water sprinklers and backhoe loaders for various user segments. Its Rail and Metro business, manufactures and supplies rail coaches, metro cars, alternating current electric multiple units (ACEMUs), overhead equipment (OHE) cars, steel and aluminum wagons for the rail and metro sector. It has four manufacturing complexes located in Bengaluru, Kolar Gold Fields, Mysuru and Palakkad.
BEML Limited Reports Unaudited and Audited Standalone Earnings Results for the Fourth Quarter and Year and Consolidated Earnings Results for the Year Ended March 31, 2019