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Bharat Electronics Limited registers 46 per cent growth in second quarter

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Bharat Electronics LtdBharat Electronics Ltd (BEL) has achieved a net turnover of Rs 2431.73 crore, during the second quarter of FY 2017-18, registering a growth of about 46 per cent, over the net turnover of Rs 1664.38 crore recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) during the second quarter of FY 2017-18 stood at Rs 587.03 crore, registering a growth of about 26% over the Profit Before Tax (PBT) of Rs 464.07 crore recorded in the corresponding period of the previous year.

Profit After Tax (PAT) during the second quarter of FY 2017-18 stood at Rs 412.39 crore, registering a growth of about 19% over the Profit After Tax (PAT) of Rs 346.25 crore recorded in the corresponding period of the previous year.

Six months’ period

The Company has achieved a Net Turnover of Rs 4126.28 crore up to First Half of the FY 2017-18, registering a growth of about 64% over the Net Turnover of Rs. 2518.69 Cr recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) for the First half of FY 2017-18 stood at Rs 766.30 crore, registering a growth of about 49% over the Profit Before Tax (PBT) of Rs 512.66 crore recorded in the corresponding period of the previous year. Profit After Tax (PAT) for the First half of FY 2017-18 stood at Rs 537.71 crore, registering a growth of about 41% over the Profit After Tax (PAT ) of Rs 382.34 crore recorded in the corresponding period of the previous year.

The order book position of BEL as on October 1, 2017 stood at Rs 41746 crore.

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