Bengaluru: Defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of Rs 11005.89 cr, registering a growth of 24.46% up to 3rd Quarter of FY 2022-23 over the turnover of Rs 8842.98 cr recorded in the corresponding period of the previous year.

During the 3rd Quarter of FY 2022-23, BEL achieved a Turnover of Rs 4046.11 cr as against Rs 3656.22 cr recorded in the corresponding period of the previous year. Profit Before Tax (PBT) up to 3rd Quarter of FY 2022-23 stood at Rs 2203.39 cr, with a growth of 35.07% over the Profit Before Tax (PBT) of Rs 1631.24 cr recorded in the corresponding period of the previous year.

During the 3rd Quarter of FY 2022-23, Profit Before Tax (PBT) has increased to Rs 800.43 cr from Rs 788.33 cr recorded in the corresponding period of the previous year. Profit After Tax (PAT) up to 3rd Quarter of FY 2022-23 stood at Rs 1641.31 cr, with a growth of 35.97% over the Profit After Tax (PAT) of Rs 1207.12 cr recorded in the corresponding period of the previous year.

During the 3rd Quarter of FY 2022-23, Profit After Tax (PAT) has increased to Rs 598.77 cr from Rs 583.37 cr recorded in the corresponding period of the previous year.

The Board of directors in their meeting held on January 28, 2023 recommended an interim dividend of Rs. 0.60 per share (on face value of Rs.1/- each) on the enhanced share capital of the company post Bonus Issue of equity shares in September 2022. The said dividend will be payable to all the eligible shareholders holding shares as on the record date i.e. February 10, 2023. The order book position of the company as on January 01, 2023 stood at Rs 50116 cr.