BHEL to remain profitable and report better margins in FY17: Pro

State-run engineering major BHEL reported a stellar second quarter performance with a net profit of Rs 109 crore after a loss of Rs 180 crore year-on-year. The company is likely to remain profitable in the current fiscal, Tarang Bhanushali, AVP- Research, IIFL.Management's topline guidance for FY17 of Rs 31,000 crore is achievable going by the earnings, says Rabindra Nath Nayak, Sr. Research Analyst (Power and Capital Goods), Dolat Capital Group Company.Bhanushali says the company's margins will expand going ahead.Watch video for more.