BEML Ltd has announced the Audited financial results for the quarter & year ended March 31, 2008.
The results for the Quarter ended March 31, 2008: The Company has posted a net profit of Rs 1185.00 million for the quarter ended March 31, 2008 as compared to Rs 935.10 million for the quarter ended March 31, 2007. Total Income has increased from Rs 9584.80 million for the quarter ended March 31, 2007 to Rs 10994.30 million for the quarter ended March 31, 2008.
The results for the Year ended March 31, 2008: The Company has posted a net profit of Rs 2256.50 million for the year ended March 31, 2008 as compared to Rs 2049.30 million for the year ended March 31, 2007. Total Income has increased from Rs 24792.80 million for the year ended March 31, 2007 to Rs 26344.30 million for the year ended March 31, 2008.The Audited Consolidated results for the Year ended March 31, 2008: The Group has posted a net profit of Rs 2270.00 million for the year ended March 31, 2008 as compared to Rs 2059.00 million for the year ended March 31, 2007. Total Income has increased from Rs 24734.50 million for the year ended March 31, 2007 to Rs 26272.90 million for the year ended March 31, 2008.
The stock closed the day at Rs.650.30, down by Rs.5.25 or 0.80%. The stock hit an intraday high of Rs.671 and low of Rs.645.05.
The total traded quantity was 9039 compared to 2 week average of 23296.
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