Bharat Heavy Electricals · NSE: BHEL · BSE: 500103

Q2 FY21 results · Jul–Sep 2020

Bharat Heavy Electricals reported revenue from operations of ₹3,695.96 crore (down 40.6% from Q2 FY20) and net loss of ₹552.38 crore for Q2 FY21 (Jul–Sep 2020), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY21	Q2 FY20	YoY	Q1 FY21	QoQ
Revenue from operations	3,695.96	6,226.90	−40.6%	1,990.90	+85.6%
Other income	97.17	132.78	−26.8%	95.53	+1.7%
Total income	3,793.13	6,359.68	−40.4%	2,086.43	+81.8%
Profit before share of associates & JVs and tax	(745.89)	159.53	Turned loss	(1,197.05)	Loss narrowed
Share of profit/(loss) of associates & JVs	12.09	7.35		4.65
Net profit for the period	(552.38)	120.95	Turned loss	(893.14)	Loss narrowed
Attributable to shareholders of the company	(552.02)	121.70	Turned loss	—	—
EPS, basic (₹)	(1.59)	0.35	Turned loss	(2.56)	Loss narrowed
Net margin (%)	-14.9	1.9		-44.9

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q2 FY21	Q2 FY20	YoY	Q1 FY21	QoQ
Revenue from operations	3,695.17	6,225.72	−40.6%	1,990.90	+85.6%
Other income	104.78	135.63	−22.7%	95.53	+9.7%
Total income	3,799.95	6,361.35	−40.3%	2,086.43	+82.1%
Profit before tax	(737.39)	164.51	Turned loss	(1,196.41)	Loss narrowed
Net profit for the period	(556.12)	118.58	Turned loss	(897.15)	Loss narrowed
EPS, basic (₹)	(1.60)	0.34	Turned loss	(2.58)	Loss narrowed
Net margin (%)	-15.0	1.9		-45.1

Consolidated

Filed with BSE: 06 Nov 2020, 16:53 IST
Board meeting: 06 Nov 2020
Period: 01 Jul 2020 to 30 Sep 2020
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 06 Nov 2020, 16:53 IST
Board meeting: 06 Nov 2020
Period: 01 Jul 2020 to 30 Sep 2020
Review status: Audited
Source: XBRL filing on BSE