BHEL is expected to post weak June quarter as revenue may remain subdued due to weak execution. According to a CNBC-TV18 poll, the company is
likely to net loss at Rs 15 crore in April-June quarter from a profit of Rs 33 crore in corresponding quarter last fiscal. Its Q2 revenue is seen flat at Rs 4630 crore against Rs 4361 crore in year-ago period. Its EBITDA loss in Q1 may narrow to Rs 205 crore versus Rs 210 crore year-on-year. Analysts will keenly watch out its provision and write-offs as per IndAS accounting rules. Order inflows are expected to remain weak. Update on stalled and slow moving projects will also be crucial.
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