BHEL Q4 PAT seen up 2.2% at Rs 2859.3 cr: P Lilladher

Prabhudas Lilladher has come out with its earnings estimates on Bharat Heavy Electricals (BHEL) for March FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 12% at Rs 20072 crore, Year-on-Year (YoY) basis.

The company's net profit is seen up 2.2% at Rs 2859.3 crore, YoY.

With no major orders announced in this quarter, order booking is expected to remain subdued. Though NTPC bulk tenders for 660MW and 800MW have been evaluated, the bookings in the current quarter will be touch-and-go as LOAs have not been awarded. The total order for BHEL from NTPC bulk tenders will be ~Rs135bn.

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