Defence Watch

Q1 FY’23: BEL posts net profit of Rs 431.49 crore

Defence Watch Bureau

New Delhi: Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of Rs 3,063.58 crore, during the 1st quarter of FY 2022-23 against the turnover of Rs 1,564.34 crore recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) during the 1st quarter of FY 2022-23 stood at Rs 578.10 crore against the Profit Before Tax (PBT) of Rs 15.17 crore recorded in the corresponding period of the previous year.

Profit After Tax (PAT) during the 1st quarter of FY 2022-23 stood at Rs 431.49 crore against the Profit After Tax (PAT) of Rs.11.15 Cr recorded in the corresponding period of the previous year.

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

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