BE registers 12.51% growth in Q1 FY24

Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of Rs.3446.69 Crore, registering a growth of 12.51% during the 1st Quarter of FY 2023-24 over the Turnover of Rs. 3063.58 Crore recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) during the 1 st Quarter of FY 2023-24 stood at Rs. 703.75 Crore, registering a growth of 21.73% over the Profit Before Tax (PBT) of Rs.578.10 Crore recorded in the corresponding period of the previous year.

Profit After Tax (PAT) during the 1 st Quarter of FY 2023-24 stood at Rs. 530.84 Crore, registering a growth of 23.02% over the Profit After Tax (PAT) of Rs.431.49 Crore recorded in the corresponding period of the previous year.

The order book position of the company as on 1 st July, 2023 stood at Rs. 65356 Crore.

CT Bureau