BEL registers 23% growth in turnover during Quarter 1

Defence Industry

Bangalore. Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Net Turnover of Rs.2077.84 crore, during the 1st quarter of FY 2018-19, registering a growth of about 23 per cent, over the Net Turnover of Rs. 1694.55 crore recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) during the 1st quarter of FY 2018-19 stood at Rs. 250.21 crore, registering a growth of about 40 per cent over the Profit Before Tax (PBT) of Rs. 179.27 crore recorded in the corresponding period of the previous year.

Profit After Tax (PAT) during the 1st quarter of FY 2018-19 stood at Rs. 179.73 crore, registering a growth of about 43 per cent over the Profit After Tax (PAT) of Rs. 125.32 crore recorded in the corresponding period of the previous year.

The order book position of the company as on 1st July, 2018, stood at Rs.41645 crore.