December 5, 2022

BEL registers growth of 96% in turnover (YOY)

Bengaluru, Navratna Defence Public Sector Undertaking (DPSU) Bharat Electronics Limited (BEL) has registered a growth of 96 per cent while achieving a turnover of Rs. 3063.58 crore during the first quarter of FY 2022-23 as against the turnover of Rs. 1564.34 crore recorded in the corresponding period of the last fiscal.

Profit Before Tax (PBT) during the first quarter of FY 2022-23 stood at Rs. 578.10 crore against Rs. 15.17 crore recorded in the corresponding period of the previous year, a company press statement said on July 16.

Profit After Tax (PAT) stood at Rs. 431.49 crore in the first quarter of the current financial year against Rs. 11.15 crore recorded in the same period of the last fiscal.

The order book of the company as on July 1, 2022 stood at Rs. 55,333 crore, the press statement added.

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