Wednesday, 10 April 2013

BHEL turnover surges Rs 50k cr

Briefing media  in New Delhi, Bhel Chairman & Managing Director B Prasada Rao said that during 2012-13 financial year, the company has achieved highest ever turn over-crosses Rs 50,000 Cr,net profit more than double in 5 years, the profit after tax ((PAT) stood at Rs.6,485 crore while profit before tax (PBT) was Rs.9,231 crore.Highest addition of generating capacity of 10,340 MW during the year.

 BHEL order inflows surged by nearly 42.7 per cent to Rs 31,528 crore during the year.An interim equity dividend of 106 per cent  paid for fiscal 2012-13, thus the public sector undertaking's (PSU) track record of paying dividends uninterruptedly since 1976-77.

Due to overall fiscal crisis and  subdued business in India and globally  in the power & infrastructure sectors,  coupled with intense competition in Indian and overseas markets,

BHEL has  the cumulative orders in hand stood at 1,15,180 crore. During the financial year, Bhel pursued aggressive in-house efforts and emphasis ed on innovation. BHEL  has registered 4.1 per cent growth research and development (R&D) investment to Rs.1,248 crore over the last financial year and has record  e with highest ever 385 patents and copyrights in a year, which in turn enhancing the company’s intellectual capital to 2,170 patents and copyrights filed, which are in productive use.



Significantly, nearly 70 per cent of the country’s total generation of 691 billion units from thermal utility sets in 2012-13 was contributed by Bhel supplied sets.BHEL added 10,340 MW of power plant equipment, inclusive of 9,328-mw utility and 703-mw captive/ industrial sets in the country,  accounted for 309 mw addition in overseas markets.28% growth in Spares and services business segment.MoU with government of Tajikistan for setting up two hydro power projects.Agreement with Shell for supply of Gas turbine Generators packages to select Shell locations.


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