- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
BEW Engineering has announced a board meeting approving the financial results for the quarter and half-year. Revenue grew to Rs. 134.36 Cr from Rs. 120.76 Cr, though profit before tax slipped to Rs. 16.05 Cr from Rs. 18.18 Cr. Net profit dropped to Rs. 12.16 Cr from Rs. 13.56 Cr. The company is boosting capacity with fixed assets rising to Rs. 41.84 Cr. Funds raised through preferential equity have been mainly used for working capital and corporate needs, while some proceeds from convertible warrants are parked in fixed deposits.