BHEL bags DSIJ Award 2018 for fastest growing Maharatna

BHEL bags DSIJ Award 2018 for fastest growing Maharatna

For its superlative performance, Bharat Heavy Electricals Limited (BHEL) has been awarded the Dalal Street Investment Journal (DSIJ) Award 2018 for the ‘Fastest Growing Maharatna of the year — Manufacturing’, in the country.

An independent jury unanimously selected BHEL for the recognition in the manufacturing category based on outstanding profit and Earnings Per Share (EPS) growth.

As a result of strategic initiatives, BHEL registered quantum growth in its profit and gained significant traction in growth drivers - diversification and technology. In the last three years BHEL’s profit before tax has surged by three times while registering a consistent revenue growth.

Prudent strategies of garnering higher market share in a shrunken and highly competitive business environment enabled BHEL to maintain its leadership position with 100% market share in the thermal power equipment business.