Defence PSU Bharat Electronics Limited (BEL) has reported a growth 39 per cent in its net profit at Rs 571.31 crore in the quarter ended on September 31 against Rs 412.39 crore in the same quarter last year.
The company has achieved a robust growth in turnover and consequently recorded a healthy growth in profit as compared to the 1st quarter of current year and corresponding quarter of the previous year, the defence ministry said in a statement.
Similarly, the company has also recorded a growth of 35 per cent in its turnover at Rs 3282.40 crore in the second quarter of 2018-19 against Rs 2431.73 crore in the corresponding period previous year.
Performance for Six months’ period
BEL has achieved a turnover of Rs 5360.24 crore, up to first half of the FY 2018-19, registering a growth of about 27 per cent over the turnover of Rs 4204.56 crore recorded in the corresponding period of the previous year.
Profit After Tax (PAT) for the First half of FY 2018-19 stood at Rs 751.04 crore, registering a growth of about 40 per cent over the Profit After Tax (PAT) of Rs 537.71 crore recorded in the corresponding period of the previous year.
The company received new orders worth Rs 14338 crore during the first half of the current year and the order book position of the company as on October 01, 2018 stood at Rs 48995 crore.
Defence PSU Bharat Electronics Limited (BEL) has reported a growth 39 per cent in its net profit at Rs 571.31 crore in the quarter ended on September 31 against Rs 412.39 crore in the same quarter last year.
The company has achieved a robust growth in turnover and consequently recorded a healthy growth in profit as compared to the 1st quarter of current year and corresponding quarter of the previous year, the defence ministry said in a statement.
Similarly, the company has also recorded a growth of 35 per cent in its turnover at Rs 3282.40 crore in the second quarter of 2018-19 against Rs 2431.73 crore in the corresponding period previous year.
Performance for Six months’ period
BEL has achieved a turnover of Rs 5360.24 crore, up to first half of the FY 2018-19, registering a growth of about 27 per cent over the turnover of Rs 4204.56 crore recorded in the corresponding period of the previous year.
Profit After Tax (PAT) for the First half of FY 2018-19 stood at Rs 751.04 crore, registering a growth of about 40 per cent over the Profit After Tax (PAT) of Rs 537.71 crore recorded in the corresponding period of the previous year.
The company received new orders worth Rs 14338 crore during the first half of the current year and the order book position of the company as on October 01, 2018 stood at Rs 48995 crore.
