BEML Q3 revenue rises 25%, EBITDA drops 94%
BEML reported Q3 revenue up 25% to ₹11 billion, but EBITDA fell 94% to ₹36 million, resulting in a net loss of ₹227 million. This stark contrast raises concerns about operational efficiency despite top-line growth.
after close1 source ↓written by the desknot a recommendation
BEML reported revenue growth of 25% to ₹11 billion in Q3, up from ₹8.8 billion last year. However, EBITDA plummeted 94% to ₹36 million, down from ₹604 million, resulting in a net loss of ₹227 million compared to a profit of ₹248 million in the same quarter last year.
These results highlight significant operational challenges despite revenue gains, potentially impacting investor sentiment.
Not investment advice. For informational purposes only.