Bharat Heavy Electricals Limited (BHEL) is India's largest PSU engineering company catering to the power sector. The company has a 25-year history of consistent profitability and manufactures over 180 products for industries like power generation and... More distribution, transportation, telecommunications and renewable energy. The company's operations are organised around two major business segments - power (73% of FY06 revenues) and industry (27%). BHEL built sets accounted for around 76,800 MW, or 65% of India's power generation capacity of 119,000 MW at the end of FY06.
Siemens India is a subsidiary of the US$ 110 bn German engineering behemoth Siemens AG, one of the largest engineering companies in the world. It operates in segments such as power (manufacturing generation and T&D equipments) and industrial solution... Mores services (providing process automation, manufacturing automation drives). The company also manufactures diagnostic equipments and hearing equipments, which form part of its healthcare services business.
BHEL has announced second quarter results for the financial year 2016-2017. The company has reported a 12% YoY growth in sales, and a Rs 1.1 billion net profit during the period. Here is our analysis of the results.
Siemens has announced its third quarter results of financial year 2016 (September ending fiscal). Here is our analysis of the results. Sales grew by 10% YoY in 3QFY16, while net profits saw a fall of 23% YoY.
Larsen & Toubro (L&T) has announced second quarter results of financial year 2016-2017 (2QFY17). The company has reported 8.5% YoY growth in sales while profits have grown 84% YoY. Here is our analysis of the results.