OREANDA-NEWS. July 27, 2011. Bharat Heavy Electricals Limited released unaudited standalone financial results (after limited review) for the quarter ended 30th June 2011.

(Millions crore)

SL.

PARTICULARS

3 Months

Corresponding

Previous

NO.

 

Ended

3 Months in

accounting

 

 

30.06.2011

ended in the previous year 30.06.2010

year ended (31.03.2011) (Audited)

(1)

(2)

(3)

(4)

(5)

1.

Sales / Income from Operations

74332

67612

433799

 

Less:Excise Duty/Service Tax

3075

2815

18011

2

Net sales/income from operations

71257

64797

415788

3

Value of production (Net of Excise duty/Service Tax)

75401

66031

415272

4

Other Operating Income

1458

1213

9167

5

Total Expenditure

63292

57629

340769

a)

(Increase)/decrease in stock-in-trade and work in progress

-4306

-1253

-1273

b)

Consumption of raw materials

45806

39346

226707

c)

Staff Cost

13010

13378

54104

d)

Depreciation

1709

1269

5441

e)

Other expenditure

7073

4889

55790

6

Profit from operations before other income, interest & taxation (2+4-5)

9423

8381

84186

7

Other income

2487

1635

6418

8

Profit before interest & taxation (6+7)

11910

10016

90604

9

Interest

88

38

547

10

Profit Before Tax (8-9)

11822

9978

90057

11

a)Provision       for Taxation (incl deferred tax)

b)Prior  period tax

3667

3301

30759 -814

12

Net Profit (10-11)

8155

6677

60112

13

Paid-up Equity Share Capital

4895

4895

4895

 

(Face Value per Share (Rs.))

(10)

(10)

(10)

14

Reserves excluding revaluation reserves

 

 

196643

15

Earnings per Share Basic and Diluted (not annualised) (Rs.)

16.66

13.64

122.80

16

Public shareholding

 

 

 

 

No. of Shares

158009600

158009600

158009600

 

Percentage of shareholding

32.28%

32.28%

32.28%

17

Promoters and promoter group Shareholding a) Pledged/Encumbered

 

 

 

 

-No. of Shares

NIL

NIL

NIL

 

-Percentage of shares (as a % of the total

 

 

 

 

shareholding of promoter and promoter group)

 

 

 

 

-Percentage of shares (as a % of the total share

 

 

 

 

capital of the company)

 

 

 

 

b) Non-Encumbered

 

 

 

 

-No. of Shares

331510400

331510400

331510400

 

-Percentage of shares (as a % of the total

100%

100%

100%

 

shareholding of promoter and promoter group)

 

 

 

 

-Percentage of shares (as a % of the total share

67.72%

67.72%

67.72%

 

capital of the company)

 

 

 

Segmentwise Revenue, Results and Capital Employed

(Millions crore)

 

 

3 Months

Corresponding

Previous

 

 

Ended

3 Months in

accounting

 

 

30.06.2011

ended in the

year ended

 

 

 

previous year

(31.03.2011)

 

 

 

30.06.2010

(Audited)

1

Segment Revenue

 

 

 

 

A. Power

57803

53733

331655

 

B. Industry

16529

13879

102144

 

Total

74332

67612

433799

 

Inter segmental revenue

 

 

 

 

Sales / Income from operations

74332

67612

433799

2

Segment Results (Profit before Tax and interest)

 

 

 

 

A. Power

9518

10706

79544

 

B. Industry

3733

1932

22835

 

Total

13251

12638

102379

 

Less Interest

88

38

547

 

Other un-allocable expenditure net

 

 

 

 

of income

1341

2622

11775

 

Total Profit before Tax

11822

9978

90057

3

Capital Employed

 

 

 

 

(Segment Assets - Segment Liabilities)

 

 

 

 

A. Power

66272

18178

48516

 

B. Industry

35653

19714

34458

 

Capital Employed (including unallocable

180834

134692

163915

 

common)

 

 

 

The figures have been regrouped, wherever necessary. Notes:-

1 Details of Investor Complaints:

ding as on Re

ceived during Re

solved during

Pending as on

01.04.2011

the quarter

the quarter

30.06.2011

Nil

206

206

Nil

2          The company has an outstanding order book position of about ? 1596000 millions at the end of Quarter-I 2011-12.

3          The above results have been reviewed by the Audit Committee and were taken on record by the Board of Directors in their meeting held on 26.07.2011.

4          The above results have been reviewed by the Auditors as per clause 41 of the listing agreement.