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's growth to moderate to 6.6% in FY27; reforms key to achieve Viksit Bharat goal: S&P report

Air India board to meet on May 7 to review financials, cost-cut measures, CEO succession

Homebuyers' cheating case: CBI files chargesheet against Greater Noida-based AVJ Developers, bank officials

Boosting self-reliance: MBDA to develop local maintenance facility for IAF's MICA missiles

BPCL, CSIR-CRRI earn record recognition for plastic waste-based road technology