BEL was established in 1954 in association with CSF, France (now, Thales), to meet the specialized electronic equipment requirements of the Indian Defence Services.
BEL is an Indian state-owned aerospace and defence company with about nine factories, and several regional offices in India.
Financial Results:
Bharat Electronics Ltd reported Revenues for Q1FY24 of ₹3,533.00 Crores up from ₹3,141.00 Crore year on year, a rise of 12.48%.
Total Expenses for Q1FY24 of ₹2,970.00 Crores up from ₹2,718.00 Crores year on year, a rise of 9.27%.
Consolidated Net Profit of ₹539.00 Crores up 47.27% from ₹366.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.74, up 48.00% from ₹0.50 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.