Categories AlphaGraphs, Earnings, Industrials, LATEST, Trending Stocks

Bharat Electronics Ltd. (NSE: BEL) Releases Q3 FY23 Results

Bharat Electronics Limited (NSE: BEL) is an Indian state-owned aerospace and defense company, founded in 1954. It is headquartered in Bangalore, India. The company is involved in the design, development, and manufacture of a wide range of products including radar systems, sonar systems, defense communication systems, and electronic voting machines. BEL is one of the largest defense electronics companies in India and has several manufacturing units and research and development centers across the country.

Bharat Electronics Limited (BEL), a Navratna Defense PSU, reported strong Q3FY23 financial results with a turnover of Rs 11,005.89 crore, a growth of 24.46% YoY. During the quarter, BEL’s turnover was Rs 4,046.11 crore, and its PBT and PAT stood at Rs 2,203.39 crore and Rs 1,641.31 crore, respectively, with YoY growth of 35.07% and 35.97%. The company also reported a YoY increase in PAT to Rs 598.77 crore. The board of directors recommended an interim dividend of Rs 0.60 per share and the company’s order book position as of January 1, 2023 was Rs 50,116 crore.

Most Popular

Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript

Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah

All you need to know about Antony Waste Handling Cell in one article

Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?

Demystifying the Leading Non-Ferrous Recycling Company of India

“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,