BHARAT HEAVY ELECTRICALS LIMITED UNAUDITED FINANCIAL RESULTS (STANDALONE) FOR THE QUARTER ENDED 30

PART - I SL. PARTICULARS NO.

TH

JUNE 2012
` Millions Previous Year ended 31.03.2012 Audited (6) 495098 22819 472279 7510

3 Months Ended 30.06.2012 Unaudited (3) 87409 4147 83262 1128

Preceding 3 Months Ended 31.03.2012

(1) (2) 1 Income from Operations Sales/Income from Operations Less: Excise Duty / Service Tax a Net Sales/Income from Operations b Other Operating Income 2 Expenses a Cost of materials consumed (including erection & engineering) b c d e 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Changes in inventories of finished goods, work-inprogress and stock in trade Employee benefits expense Depreciation and amortisation expense Other expenses Total Expenses Profit from Operations before Other Income, finance costs and Exceptional Items (1-2) Other Income Profit from ordinary activities before finance costs and Exceptional Items (3 + 4) Finance costs Profit from ordinary activities after finance costs but before Exceptional Items (5 - 6) Exceptional Items Profit from ordinary activities before tax (7 + 8) Tax expense (incl. deferred tax) Profit from ordinary activities after tax (9 - 10) Extraordinary Item (net of tax expense) Net Profit for the period (11 12) Paid-up equity share capital (Face Value ` 2 per share w.e.f. 4-10-2011, earlier ` 10 per share) Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year Basic & Diluted Earnings Per Share (before & after extraordinary items) RESTATED ( `)

(4) 202495 9899 192596 3294

Corresponding 3 months ended 30.06.2011 in previous year Unaudited (5) 74309 3075 71234 936

53850 (5272) 13950 2284 9840 74652 9738 3663 13401 55 13346 13346 4137 9209 9209 4895

106052 5298 14781 2541 20387 149059 46831 3989 50820 183 50637 50637 16839 33798 33798 4895

45806 (4306) 13010 1709 7476 63695 8475 3435 11910 88 11822 11822 3667 8155 8155 4895

282399 (8232) 54658 8000 52084 388909 90880 12656 103536 513 103023 103023 32623 70400 70400 4895 248837

3.76
(not annualised)

13.81
(not annualised)

3.33
(not annualised)

28.76

PART -II A Particulars of Share holding 1 Public shareholding - Number of shares - Percentage of shareholding 2 Promoters and Promoter Group Shareholding a Pledged / Encumbered Number of shares Percentage of shares (as a % of the total shareholding of promoter and promoter group) Percentage of shares (as a % of the total share capital of the company) b Non - encumbered - Number of shares - Percentage of shares (as a % of the total shareholding of the Promoter and Promoter Percentage of shares (as a % of the total share capital of the company) B Investor Complaints Pending at the beginning of the quarter Received during the quarter

790048000 32.28%

790048000 32.28%

158009600 32.28%

790048000 32.28%

NIL

NIL

NIL

NIL

1657552000 100.00% 67.72%

1657552000 100.00% 67.72%

331510400 100.00% 67.72%

1657552000 100.00% 67.72%

0 243

Disposed of during the quarter Remaining unresolved at the end of the quarter

243 0

Segmentwise Revenue, Results and Capital Employed

` Millions SL. PARTICULARS NO. 3 Months Ended 30.06.2012 Preceding 3 Months Ended 31.03.2012 Corresponding 3 months ended 30.06.2011 in previous year 57803 16529 74332 74332 Previous Year ended 31.03.2012

1 Segment Revenue A Power B Industry Total Inter segmental revenue Sales / Income from operations 2 Segment Results (Profit before Tax & Interest) A Power B Industry Total Less: Interest Other unallocable expenditure net of income Total Profit before Tax Capital Employed (Segment Assets - Segment Liabilities) A Power B Industry Capital Employed (including unallocable common) The figures have been regrouped, wherever necessary. NOTES: 1 3

67719 19717 87436 87436

155738 46789 202527 202527

378629 116588 495217 495217

12064 4134 16198 55 2797 13346

42602 14201 56803 183 5983 50637

9518 3733 13251 88 1341 11822

81838 33424 115262 513 11726 103023

132300 53362 241460

66272 35653 180834

121616 53557 226506

Pursuant to the resolution passed by the shareholders of the company in the AGM held on 20.09.2011, the equity shares of Face Value ` 10 each have been sub-divided into 5 equity shares of face value ` 2 each w.e.f. 4.10.2011. Earning per share for 3 months ended 30.06.2011 has been restated to make it comparable on like to like basis. Figures for preceding 3 months ended 31.03.2012 are the balancing figures between audited figures in respect of the full financial year 2011-12 and the published year to date figures upto the third quarter of 2011-12. The company has an outstanding order book position of about ` 1329000 millions at the end of Quarter-I 2012-13. The above results have been reviewed by the Audit Committee and were taken on record by the Board of Directors in their meeting held on 26.07.2012. The above results have been reviewed by the Auditors as per clause 41 of the listing agreement.

2 3 4 5

For Bharat Heavy Electricals Limited

Place : New Delhi Dated : 26th July, 2012

Sd\(B.Prasada Rao) Chairman & Managing Director