Q1 FY'23: BEL posts net profit of Rs 431.49 crore 
Defence Watch

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

BEL has achieved a turnover of Rs 3,063.58 crore, during Q1 of FY 2022-23 against the turnover of Rs 1,564.34 crore in CLPY

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.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

India will work with ‘like-minded partners’ to develop supply chain resilience: Dr Jaishankar

NBFCs' reliance on bank borrowings to increase in FY27 on lower interest

PTC India changes designation of CMD Manoj Kumar Jhawar as MD & CEO

Wholesale price inflation rises 3.88% in March on surge in crude rates

Blast at Chhattisgarh power plant: Victims' families left with unfulfilled promises, uncertain future