BHEL order book stands at Rs 95000 cr

Bharat Heavy Electricals, BHEL has announced its first quarter results. The company's standalone net profit was up 33% at Rs 384.41 crore versus Rs 288.91 crore, (YoY).

Its standalone net sales were up 33% at Rs 4,329.24 crore versus Rs 3,233.92 crore, (YoY).

Its other income up 41.4% to Rs 291.7 crore.

Order Book

Current order book stands at Rs 95000 crore

Order backlog represents a book-to-bill ratio of over 4x FY08 rev

Bagged orders worth more than Rs 10000 cr, including key order of 500 MW at Korba West

Bagged order for 2 units of 500 MW each at Marwa thermal power project worth Rs 3300 cr

Going Ahead

Majority of orders (~72GW) for the XIth Plan already placed

Order intake may stagnate, as order intake in FY09 is contingent on XIIth Plan projects taking off

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