New Delhi: Bharat Heavy Electricals Limited (BHEL), which crossed its previous year’s turnover, posted the highest ever turnover of Rs 4,237 crore and registered a growth of 31 per cent in its profit in the financial year 2010-11.

DK Mody, Executive Director of BHEL on Monday said, “The heap unit reported most sharp turnover of Rs 3003 crore which is 22 per cent more than the previous year.”

The profit before tax (PBT) for the year rose to Rs 652 crore which is again the highest-ever, an increase of 13 per cent over the previous year, said DK Mody.

The economic value addition (EVA) stood at Rs 279 crore with an increase of 10 per cent against the corresponding year.  While the turnover of products developed through domestic resources stood at Rs 901 crore, he said.

Further talking about the achievements, DK Mody said, “During the current financial year 104 turbines modules in the capacity of 10,264 MW and 23 generators in the range of 8460 MW and 30 condensers were produced.

For the first time in India, weld overlay machine’s fabrication was set up in the BHEL Heep along with the country’s biggest heat treatment bogie “hearth furnace” was also set up, he added.