BEML reported strong revenue growth compared to last year. The company also reduced its losses significantly. However, compared to the previous quarter, revenue and profit were lower because the last quarter was exceptionally strong. YoY (Consolidated) ✧ Revenue from Operations: ₹819.62 Cr (+29.3%) ✧ Total Income: ₹821.19 Cr (+27.8%) ✧ Profit Before Tax: -₹33.71 Cr (Loss reduced by 52.0%) ✧ Net Profit: -₹27.01 Cr (Loss reduced by 57.9%) QoQ (Consolidated) ✧ Revenue from Operations: ₹819.62 Cr (-54.3%) ✧ Total Income: ₹821.19 Cr (-54.5%) ✧ Profit Before Tax: -₹33.71 Cr (vs ₹244.95 Cr profit in the previous quarter) ✧ Net Profit: -₹27.01 Cr (vs ₹179.82 Cr profit in the previous quarter) Positives: ➤ Revenue increased by 29.3% YoY to ₹819.62 Cr. ➤ Net loss came down to ₹27.01 Cr from ₹64.11 Cr in the same quarter last year. ➤ Strong Reserves: The company continues to have healthy reserves of ₹2,843.53 Cr. Negatives: ✘ Company remained in loss during the quarter as expenses affected margins. ✘ It currently has no Independent Directors, so its Audit Committee is not in place. ✘ More than ₹80 Cr given to the MAMC Consortium is still pending recovery and depends on the ongoing liquidation process.

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