OREANDA-NEWS. BHEL has paid a final dividend of 164.5% on the enhanced equity capital post-bonus, for fiscal 2012-13. In value terms, the total dividend paid amounts to Rs.13,230 Million (including an interim dividend of 106% paid earlier).

With this, the company has maintained its impeccable track record of earning profits and rewarding investors by paying dividends uninterruptedly for over three decades without a break.

A cheque of Rs.5453.3 Million towards the final dividend for the year 2012-13 on the equity (67.72%) held by the Government of India, was presented here today to Mr. Praful Patel, Hon'ble Union Minister for Heavy Industries and Public Enterprises by Mr. B.P. Rao, Chairman and Managing Director, BHEL, in the presence of Dr. Sutanu Behuria, Secretary, Department of Heavy Industry.

Directors on the board of BHEL as well as other senior officials of the Ministry of Heavy Industries & Public Enterprises and BHEL were also present on this occasion.

During fiscal 2012-13, BHEL recorded an all time high turnover of Rs.501,560 Million and a Net Profit of Rs.66,150 Million. On the back of strong focus on manufacturing efficiencies, BHEL was able to maintain the level of previous five years (2007-12) average profit margins of 14% which is one of the highest among peer group companies. In recognition of the consistent high performance over a longer period of time, the company has been bestowed with the coveted 'Maharatna' status by Govt. of India, resulting in further empowerment of the Board for greater business agility.