BEML witnesses 18% rise in Q4 profit
State-owned heavy equipment maker BEML Ltd. witnesses more than 18% climb in fourth-quarter profit as easing input costs offset a drop in revenue. The consolidated profit rose to 1.58 billion rupees ($19.12 million) for the three months ended March 31, from 1.33 billion rupees a year earlier. Net profit margin for the quarter expanded to…