Total expenses fell 2.49% to Rs 380.10 crore in quarter ended 30 September 2024. Employee benefit expenses stood at Rs 51.35 crore (up 22.58% YoY) and cost of materials consumed was at Rs 332.37crore (down 0.66% YoY) during the quarter.
The company's revenue from power systems stood at Rs 191.41 crore (down 10.47% YoY) and revenue from industrial systems was at Rs 202.67 crore (down 1.63% YoY) in Q2 FY25.
Mumbai-based Bharat Bijlee has two primary business segments: power systems that comprise transformers and projects divisions, and industrial systems segment comprising electric motors, drives & industrial automation and elevator systems divisions.
The company caters to industries like power, refineries, steel, cement, railways, machinery, construction and textiles.
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