Weekly Insight learns that the order book of the state-run power equipment major Bharat Heavy Electricals (BHEL) stood at Rs 1.14 lakh crore as at end December 2012, less than its order book of Rs 1.17 lakh crore at the end of 2008-09.
The net profit of the firm declined 17.5 per cent to Rs 1,182 crore for the three months ended December 31, on the back of decline in new orders.
The power equipment major had a net profit of Rs 1,433 crore in October-December quarter of 2011, BHEL said in a regulatory filing to the stock exchanges.
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