New Delhi, Feb 8 (PTI) Shares of BHEL on Monday tanked over 8 per cent after the company reported a consolidated net loss of Rs 217.86 crore for the October-December quarter.

The stock tumbled 8.49 per cent to Rs 39.85 at BSE and NSE.

The state-run engineering firm on Saturday reported a consolidated net loss of Rs 217.86 crore for the October-December quarter due to lower revenues.

The consolidated net profit of the firm was Rs 161.81 crore in the quarter ended on December 31, 2019, a BSE filing stated.

Total income of the company dipped to Rs 4,532.39 crore in the quarter from Rs 5,827.74 crore in the same period a year ago.

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