Bhel Q1 profit jumps 42% at Rs 667 crore

Bhel’s total income in the quarter was Rs 6,761 crore. Of this,Rs 5,399 crore came from the power sector and Rs 1,476 crore from industry and Rs115 was inter segmental revenue.

Its turnover in the financial year 2009-10 was Rs 34,154 crore. Bhel has achieved compounded annual growth rate (CAGR) of 18.65 per cent in its turnover during past five years. The profit after tax (PAT) grew at a CAGR of 20.7 per cent during the same period. The company’s order book stood at Rs1,43,00 crore as on March 31.

Orders have been placed for 80,000 mw projects under the power ministry’s 11 th plan capacity addition. Of this,equipment supply orders worth 43,913 mw have gone to Bhel.

Of 43,913 mw,33298 mw is coal-based capacity,6,142 mw hydro,3,973 gas-based and 500 mw nuclear power.

Meanwhile,the government has envisaged capacity addition of 1 lakh mw under the 12 th plan programme. Against that,equipment supply orders have been placed for 62,550 mw. Bhel has bagged as much as 53 per cent of orders placed for 12 th plan capacity addition so far.

To meet equipment requirement of the ambitious capacity addition envisaged by the government in coming years,Bhel has increased its manufacturing capacity from 5,000 mw a year to 15,000 mw a year,which it is further expanding to 20,000 mw.