BEL Registers 20% Growth in Top Line up to Q3

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NEW DELHI. In the nine month period up to December 2018, Navratna Defence PSU Bharat Electronics Limited (BEL) achieved a net turnover of Rs 8,016.62 crore, registering a growth of about 20 per cent over the net turnover of Rs 6,578.59 crore recorded in the corresponding period of the previous year.

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Profit After Tax (PAT) up to Third Quarter of FY 2018-19 stood at Rs 1,258.67 crore against the Profit After Tax (PAT) of Rs 840.55 crore recorded in the corresponding period of the previous year.

An Interim Dividend of 30 per cent has been declared by the Board of Directors for the year 2018-19.

During the Third Quarter of FY 2018-19, the company has achieved a Net Turnover of Rs 2,656.38 crore, registering a growth of about eight per cent over the net turnover of Rs 2,452.31 crore recorded in the corresponding period of the previous year.

The Profit After Tax (PAT) during the Third Quarter of FY 2018-19 stood at Rs 507.63 crore, against the Profit After Tax (PAT) of Rs 302.84 crore recorded in the corresponding period of the previous year.

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The order book position of the company as on January 1, 2019, was Rs 48,402 crore.

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