BHEL2024-10-012024-12-31 BHEL2024-10-012024-12-31 BHEL2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member BHEL2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member BHEL2024-12-31 BHEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue01Member BHEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue02Member BHEL2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue01Member BHEL2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue02Member BHEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults01Member BHEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults02Member BHEL2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults01Member BHEL2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults02Member BHEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets01Member BHEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets02Member BHEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member BHEL2024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member BHEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member BHEL2024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500103 BHEL NOTLISTED Bharat Heavy Electricals Limited Equity 2024-04-01 2025-03-31 2025-01-28 2025-01-10 INR Crores Third quarter 15:15:00 17:40:00 2025-01-28 2025-01-28 Not applicable Multi segment 2024-10-01 2024-12-31 Unaudited Consolidated 72770900000.00 1079100000.00 73850000000.00 48949100000.00 0.00 -3107300000.00 14820300000.00 1837800000.00 678800000.00 9066400000.00 72245100000.00 1604900000.00 0.00 1604900000.00 15600000.00 424900000.00 440500000.00 0.00 1164400000.00 0.00 0.00 0.00 182600000.00 1347000000.00 -239100000.00 1107900000.00 1347000000.00 1107900000.00 0.00 6964100000.00 2 0.39 0.39 0.00 0.00 0.39 0.39 0.00 0.00 0.00 1. The figures have been regrouped /rearranged, wherever considered necessary to conform to the current period's classification. 2. The above results have been prepared in accordance with applicable SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. It may be noted that since currently there is single Independent Director on the Board of BHEL, the meeting of the Board Level Audit Committee cannot be held due to lack of quorum. Accordingly, the results were directly placed in the Board Meeting held on 28.01.2025 and were reviewed & approved by the Board of Directors in this meeting. 3. The financial results have been prepared in accordance with Indian Accounting Standard (IND-AS) as prescribed under Section 133 of the Companies Act, 2013. The Statutory Auditors of the company have carried out the limited review of these results in terms of Regulation 33 and 52 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, as amended. 4. The financials for the Nine Months ended 31.12.2023 have been restated in line with the change in accounting policy by the company in FY 2023-24 with respect to factoring time value of money while calculating Expected Credit Losses in respect of Contract Assets. Impact of the adjustment for Q3/23-24 is reduction in other expenses (Provisions & write off) by Rs. 279.40 Cr and increase in Tax expenses (Deferred tax) by Rs. 70.32 Cr and upto Q3/23-24 reduction by Rs. 699.40 Cr and increase by Rs. 176.02 Cr, respectively. 5. Trade receivables includes overdue amount of Rs 211 Cr (USD 25.5 million) from customer STPG (formerly NEC Sudan), stuck on account of civil war, which has been considered good and not provided for as approved by the Board. If the amount was provided for, the impact on ‘Profit before tax’ is Rs. 211 Cr. 6. The debtors as on reporting date includes dues of Rs 258 cr against RVUNL/ Suratgarh 7 & 8 Project (2*660 MW) on the basis of recoverability (More than 3 years from trial operation). If the entire amount was provided for, the impact on ‘Profit before tax’ is Rs. 258 cr. 7. The Company has following Joint ventures : - BHEL-GE Gas Turbine Services Pvt. Ltd (BGGTS), Raichur Power Corporation Ltd. (RPCL), NTPC-BHEL Power Projects Pvt. Ltd. (NBPPL), Power Plant Performance Improvements Ltd (PPIL) and Bharat Coal Gasification and Chemicals Limited (BCGCL).The Company does not have any Subsidiary and Associates during the year. 8. Additional disclosures as per Regulation 52(4) of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 are enclosed at Annexure A. Multi segment 2024-04-01 2024-12-31 Unaudited Consolidated 193461100000.00 3160400000.00 196621500000.00 134086700000.00 0.00 -5167900000.00 43840600000.00 5469000000.00 1869400000.00 16602800000.00 196700600000.00 -79100000.00 0.00 -79100000.00 140100000.00 -22800000.00 117300000.00 0.00 -196400000.00 0.00 0.00 0.00 490900000.00 294500000.00 -713000000.00 -418500000.00 294500000.00 -418500000.00 0.00 6964100000.00 2 0.08 0.08 0.00 0.00 0.08 0.08 0.00 0.00 0.00 Other expenses 9066400000.00 Other expenses 16602800000.00 Industry 16886400000.00 Power 55884500000.00 Industry 46012700000.00 Power 147448400000.00 72770900000.00 193461100000.00 0.00 0.00 72770900000.00 193461100000.00 Industry 1053700000.00 Power 6246100000.00 Industry 3851300000.00 Power 9079100000.00 7299800000.00 12930400000.00 1837800000.00 5469000000.00 3674500000.00 1. The figures have been regrouped /rearranged, wherever considered necessary to conform to the current period's classification. 2. The above results have been prepared in accordance with applicable SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. It may be noted that since currently there is single Independent Director on the Board of BHEL, the meeting of the Board Level Audit Committee cannot be held due to lack of quorum. Accordingly, the results were directly placed in the Board Meeting held on 28.01.2025 and were reviewed & approved by the Board of Directors in this meeting. 3. The financial results have been prepared in accordance with Indian Accounting Standard (IND-AS) as prescribed under Section 133 of the Companies Act, 2013. The Statutory Auditors of the company have carried out the limited review of these results in terms of Regulation 33 and 52 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, as amended. 4. The financials for the Nine Months ended 31.12.2023 have been restated in line with the change in accounting policy by the company in FY 2023-24 with respect to factoring time value of money while calculating Expected Credit Losses in respect of Contract Assets. Impact of the adjustment for Q3/23-24 is reduction in other expenses (Provisions & write off) by Rs. 279.40 Cr and increase in Tax expenses (Deferred tax) by Rs. 70.32 Cr and upto Q3/23-24 reduction by Rs. 699.40 Cr and increase by Rs. 176.02 Cr, respectively. 5. Trade receivables includes overdue amount of Rs 211 Cr (USD 25.5 million) from customer STPG (formerly NEC Sudan), stuck on account of civil war, which has been considered good and not provided for as approved by the Board. If the amount was provided for, the impact on ‘Profit before tax’ is Rs. 211 Cr. 6. The debtors as on reporting date includes dues of Rs 258 cr against RVUNL/ Suratgarh 7 & 8 Project (2*660 MW) on the basis of recoverability (More than 3 years from trial operation). If the entire amount was provided for, the impact on ‘Profit before tax’ is Rs. 258 cr. 7. The Company has following Joint ventures : - BHEL-GE Gas Turbine Services Pvt. Ltd (BGGTS), Raichur Power Corporation Ltd. (RPCL), NTPC-BHEL Power Projects Pvt. Ltd. (NBPPL), Power Plant Performance Improvements Ltd (PPIL) and Bharat Coal Gasification and Chemicals Limited (BCGCL).The Company does not have any Subsidiary and Associates during the year. 8. Additional disclosures as per Regulation 52(4) of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 are enclosed at Annexure A. 7049600000.00 1787500000.00 411800000.00 Industry 91764800000.00 Power 451402400000.00 543167200000.00 107929900000.00 651097100000.00 Industry 66881000000.00 Power 248681700000.00 315562700000.00 92436800000.00 407999500000.00 -319600000.00 -952800000.00 -80500000.00 -239800000.00 0.00 0.00