BHEL earned Rs 602 crore profit in 2009-10: Dubey | business | Hindustan Times
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BHEL earned Rs 602 crore profit in 2009-10: Dubey

business Updated: Apr 03, 2010 17:51 IST

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Bharat Heavy Electricals Limited (BHEL) Bhopal achieved a turnover of Rs 3,708 crore during 2009-10 against Rs 3,308 crore in the previous financial year, Executive Director of BHEL, Bhopal M K Dubey said on Saturday.

Dubey told reporters in Bhopal that the unit also earned an amount of Rs 602 crore in profit before tax leading to 20 per cent increase over previous year's profit of Rs 498 crore.

Dubey said that for 2010-11 a target of Rs 4,650 crore has been set and added that this was a challenging task in the present global economic situation.

"But with a dedicated and committed team of about 7,650 employees, we can do wonders," Dubey said.

Answering questions, he said that the quality of products made in India was much superior to that China and this fact has been demonstrated many times all over the world.