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.)

Also Read

C-DAC, Bank of India partner to develop indigenous quantum technologies for banking

NHAI issues new guidelines for smart monitoring of toilet facilities at highway toll plazas

Govt to not recover Samudra Manthan funding for dry deepwater wells

PESB recommends Yatindra Mohan for BHEL's CMD post

India’s energy future lies in producing more, depending less on imports: Indian Oil Chairman