BHARAT HEAVY ELECTRICALS LIMITED

UNAUDITED STANDALONE FINANCIAL RESULTS (After Limited Review)

FOR THE QUARTER ENDED 30th JUNE 2010

(Rs. Millions) SL. NO. PARTICULARS 3 Months Ended 30.06.2010 Year to date Corresponding 3 Months in figures for the previous the previous year year ended ended 31.03.2010 30.06.2009 (Audited) (4) (5) 57996 2039 55957 56192 758 51756 -301 35753 11137 961 4206 4959 2271 7230 43 7187 2654 -173 6677 4895 (10) 13.64 4706 4895 (10) 9.61 341985 13182 328803 335979 6925 277725 -7867 200941 51529 4580 28542 58003 8239 66242 335 65907 23192 -392 43107 4895 (10) 154278 88.06

(1) 1. 2 3 4 5

(2) Sales / Income from Operations Less:Excise Duty/Service Tax Net sales/income from operations Value of production (Net of Excise duty/Service Tax) Other Operating Income Total Expenditure

(3) 67612 2815 64797 66031 1213 57629 -1253 39346 13378 1269 4889 8381 1635 10016 38 9978 3301

a) (Increase)/decrease in stock-in-trade and work in progress b) Consumption of raw materials c) Staff Cost d) Depreciation e) Other expenditure 6 7 8 9 10 11 12 13 14 15 16 Profit from operations before other income, interest & taxation (2+4-5) Other income Profit before interest & taxation (6+7) Interest Profit Before Tax (8-9) a)Provision for Taxation (incl deferred tax) b)Prior period tax Net Profit (10-11) Paid-up Equity Share Capital (Face Value per Share (Rs.)) Reserves excluding revaluation reserves Earnings per Share Basic and Diluted (not annualised) (Rs.) Public shareholding No. of Shares Percentage of shareholding 17 Promoters and promoter group Shareholding a) Pledged/Encumbered -No. 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 -No. 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)

158009600 32.28%

158009600 32.28%

158009600 32.28%

NIL

NIL

NIL

331510400 100%

331510400 100%

331510400 100%

67.72%

67.72%

67.72%

Segmentwise Revenue, Results and Capital Employed Rs./Millions Year to date Corresponding 3 Months in figures for the previous the previous year year ended ended 31.03.2010 30.06.2009 (Audited)

3 Months Ended 30.06.2010

Segment Revenue A. Power B. Industry Total Inter segmental revenue Sales / Income from operations 53999 14763 68762 1150 67612 45688 13325 59013 1017 57996 268607 78790 347397 5412 341985

Segment Results (Profit before Tax and interest) A. Power B. Industry Total Less Interest Other un-allocable expenditure net of income Total Profit before Tax 10701 1704 12405 38 2389 9978 8281 1620 9901 43 2671 7187 63170 16425 79595 335 13353 65907

Capital Employed (Segment Assets - Segment Liabilities) A. Power B. Industry Capital Employed (including unallocable common) The figures have been regrouped, wherever necessary.

14864 22990 134692

-13537 15588 104170

25057 22489 129883

Notes:1 Details of Investor Complaints: Pending as on 01.04.2010 Received during Resolved during the quarter the quarter Nil 2 3 4 235 235 Pending as on 30.06.2010 Nil

The company has an outstanding order book position of about Rs. 1480000 millions at the end of Quarter-I 2010-11. 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 23rd July, 2010. The above results have been reviewed by the Auditors as per clause 41 of the listing agreement.

For Bharat Heavy Electricals Limited

Place : New Delhi Dated : 23.07.2010

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