New Delhi, May 16 -- Public sector Maharatna company BHEL on Friday declared a net profit of Rs 504.45 crore for the January-March quarter of the financial year 2024-25, which represents a 3 per cent increase compared with the corresponding figure of Rs 489.6 crore in the same period of the previous year.

Sequentially, the company's net profit surged nearly four-fold from Rs 135 crore in the December quarter. BHEL recorded a 9 per cent increase in revenue from operations to Rs 8,993 crore in the fourth quarter from Rs 8,260 crore in the same quarter last year. On a QoQ basis, it jumped 23.5 per cent from Rs 7,277 crore.

The company reported a marginal increase in its revenue from the power segment, from Rs 6,168 crore in Q4FY24 to Rs 6,...